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Financial Technologies introduces STP-Gate

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CIOL Bureau
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BANGALORE: Financial Technologies India Ltd. launched STP-Gate, a comprehensive platform ensuring seamless, secure convergence and interface between fund managers, brokers and custodians. Financial Technologies is a leading IPR company, with focus on delivering mission critical STP applications comprising products, components and productised services for the Financial Services Industry.






Financial Technologies is also a global STP partner of Omgeo, the worldwide leader in providing STP services. This partnership delivers a seamless STP infrastructure solution that enables trade enrichment and settlement.





Meeting all technology requirements as stipulated by SEBIebi, STP-Gate allows online message flows between various market participants conforming to ISO 15022 messaging structures under a fully secure 128bit SSL network. It also eliminates all manual interfaces and related costs and delays. The use of Digitally Certified Messages, now legally binding significantly reduces paperwork. All data is made available in an electronic format, thereby eliminating the need to manually key in transaction details by every market participant.




Source: IRIS

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