News
Read about our latest news, products and upcoming events.
STP Investment Services website redesigned by our internal software team.
November 11, 2011
The STP Investment Services website has been redesigned by the software team at STP. The redesign put an emphasis on our core competencies and services we provide. Let us know if you like it!
Patrick Murray was the featured presenter at the Chester County KIZ Board Meeting
October 26, 2011
Patrick Murray, CEO of STP Investment Services, was the featured presentation at the October 26th Chester Country KIZ Board Meeting. During the presentation and Q&A, Patrick discussed STP's vision and strategic direction, and how CCKIZ's vast resources can be of assistance to STP in the future. Due to its proximity in Chester County, Pennsylvania, STP Investment Services is now a member of the Chester County Keystone Innovation Zone. Selected KIZ companies are, Sparking Collaborations. Provoking Ideas. Creating Opportunities. Exploring Possibilities. Sharing Knowledge. Fueling Growth. read more
Featured in Fund Fire Article: "Managers Look for Help on Back-Office Ops."
November 10, 2010
More asset managers are hiring third parties to handle their middle- and back-office functions, as they redefine how they do business in the post-crisis environment. Managers of all sizes are outsourcing client reporting, performance reporting, compliance and trade operations in an effort to more fully focus on their core competencies. “We have seen the most growth in middle office outsourcing over the past year-and-a-half following the credit crunch. Anything post-trade execution is in play,” says Ben Keeler, director at Citisoft, a consulting firm that provides both business and technological expertise to investment management firms... read more
STP selected as Silver winner for best places to work.
August 30, 2010
The Philadelphia Business Journal is pleased to present the winners of our 7th annual Best Places to Work contest. The Best Places to Work program ranks the top employers in the Delaware Valley according to scores given to the companies by their own workers. Over the course of the summer, the Business Journal received hundreds of nominations from readers. Employees of nominated companies were then asked to complete an online questionnaire administered by Quantum Market Research, an independent surveying firm based in Wichita, Kan. read more
Philadelphia Business Journal Article : "STP Forestalls Headaches in Money Management".
August 26, 2010
Money managing is a hard enough job without having to worry about whether your computer system is properly accounting for it. That's the premise behind STP Investment Services, Inc., which Patrick Murray started in 2008 with help from Bermuda money-management firm he was doing consulting work for at the time. read more
STP's Chief Executive Office Profile Featured in Philadelphia Business Journal.
August 26, 2010
Title: President and CEO.
Company: STP Investment Services, Inc.
Type of Company: Financial and Technology service provider.
Recent Project: We just completed Eagle
Investment Systems Implementation, a financial and technology system for an international asset manager.read more
STP Quoted in MarketsMedia article "Post-Trade Processing On Regulators' Radar".
July 29, 2010
In the wake of the May 6 ‘flash crash,’ which resulted in the cancellation of orders on a scale not seen previously, regulators are clamping down on trades that go bust, and asset managers are being required to do more to make sure their trades actually happen. “There will be tougher regulations, penalties, and demand for better practices around trade operations and settlement,” Patrick Murray, CEO of STP Investment Services, told Markets Media... read more
STP Quoted in MarketsMedia article "NYSE Trading Snafu Draws Fire".
July 30, 2010
A mistake that forced NYSE Euronext to cancel a number of trades in June recalls the events of May 6, in which orders were cancelled on a massive scale. The incident illustrates the fact that even supposedly automated markets are still subject to human failure, and this is likely to become a focus for regulators. “In a financial environment with an increased focus on regulation and a growing list of fines and penalties that directly impact the bottom line, controlled automation is critical for businesses to ensure the accuracy of data and to ultimately preserve income,” Patrick Murray, CEO of STP Investment Services, told Markets Media. “Both systematic and human controls should be put in place to ensure that data is timely, and most importantly, accurate.” STP provides middle-and-back-office services for investment advisers. read more
