However, problems remain because:

• Trades are managed manually

• Exceptions exist in one system and not another

• Small important applications have been developed outside the STP perimeter

• Scripts and rules used are inconsistent and difficult to maintain

• Reconciliation acts as a catch all but is so far down the process chain that issues become T+1 and so become daily more expensive to manage

• The STP arena in itself is becoming increasingly expensive to run

PATH provides the solution to these and many similar problems that consume too much of IT and Operations time.

PATH takes responsibility for completion of all trade processing cycles. PATH couples with existing STP constituents providing a virtual single STP platform that both enhances and maximizes your investment in STP. 

PATH provides one exception management platform and so trades are handled considerably less and increased trade loads have minimal impact on operations. Indeed as the business grows, personnel costs no longer escalate. PATH naturally picks up the load.