Foresight, and a focus on usability, will help those converting to straight-through processing reap dividends from the process.
The concept of straight-through processing (STP) is an especially enticing one to the traditionally paper-laden and process-bound insurance industry. Insurance Networking News asked Lana Macumber, director, new business development strategy, insurance services at New York-based Depository Trust & Clearing Corp. (DTCC), about the risks and subsequent rewards facing STP converts.
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