Services Overview

Our Services

We treat each investment operation we encounter uniquely and with an experienced team in the front, middle, and back offices. We are positioned to deliver operational and technical solutions that satisfy both the big picture goals and micro details. Our services include Fund Administration, Investment Accounting and Performance, Reconciliation, Trade Settlement, Reporting, Data Management, Compliance and Risk Management, and a wide range of operational and technical Consulting capabilities. Service solutions include outsourcing, insourcing, projects, software, and consulting to fit scope, schedule, and budget.

What Makes Us Different

We pride ourselves in not taking a one size fits all approach to investment operations and technology. For our clients, we offer a menu of custom outsourcing, consulting, and software solutions to solve operational and technology needs and pain points. This includes custom-tailored reporting, competence in a vast range of investment instruments, funds, and account structures, deep roots in leading vendor technologies in the front, middle, and back office (e.g. Bloomberg, Charles River, Eagle), certified controlled automation with a focus on exception based processing, and above all we are highly responsive, accurate, friendly, and driven to take your operations and technology to the next level. Think of us as your office down the hall that you can reach at any point that understands your business and is ready, willing, and able to assist.

Common Struggles STP Can Solve

STP's business in built on getting money managers back to their core competencies. Whether investment managers are looking to minimize growing total cost of ownership (TCO) of in-house vendor software, outsource operations, are unhappy with cost or service provider, launching a new fund, have existing funds, require higher touch service and responsiveness, need to improve reporting and better control and organize data, struggle with compliance, etc. STP is able to customize a solution that fits budget and service needs all while improving quality.

Investment Accounting & Fund Administration

STP utilizes cutting edge technology and experienced professionals to provide highly controlled accounting and administration services for all types of funds and investment portfolios. We pride ourselves on accuracy, timeliness and exceptional responsiveness to our clients needs. STP maintains a SAS 70 Type II certification to ensure that superior controls and procedures are in place.

STP administration provides regulatory and financial administration to fulfill our clients’ operational needs. STP enables managers to outsource administration duties to our experienced team. STP's fund administration team possesses extensive experience and have worked at the largest financial companies in the world. Allow STP to serve as your independent third party administrator, which will protect the interests of your investor.

Understanding that asset managers are always interested in ways to reduce costs, grow assets under management, and improve fund performance while minimizing risk, STP provides top-notch back-office services to achieve these goals. Our goal is to allow you to focus on your core business by outsourcing you Investment Accounting and Fund Administration responsibilities to us.

Eliminate the need for investment accounting and administration software, which in addition to license fees include upgrade, customization, hardware, patches, bugs, time, and consultant costs, and the fact that the software most likely is not meeting all of your needs. Allocate dollars spent on software to an STP solution today!

Reconciliation & Trade Settlement

Our Reconciliation & Trade Settlement service and expertise enables improved automation and management of the post-execution trade lifecycle. Ensuring transactions and holdings that involve multiple parties and systems match, or are within tolerance, is essential for avoiding monetary penalties, damaged reputations with brokers, and discrepancies with custodians.

STP diligently collaborates with the investment manager, brokers, and custodian banks to ensure that all trade settlement and reconciliation issues are handled quickly and accurately. For trade settlement, we achieve this by requesting daily fail reports from all custodians and maintaining a superior level of communication with them. In addition, STP proactively seeks updates regarding any potential settlement issues that may have developed intra-day. All trade settlement issues are documented, logged, and then communicated back to the investment manager for review.

STP's proprietary platform enables us to perform position, market value, and trade reconciliation services across multiple custodians on a daily or monthly basis. Depending on the requirements, we provide automated bank reconciliation reports direct to our clients with comments on any exceptions. Our Reconciliation service enables the investment manager to get back to core competencies and eliminate the need for costly reconciliation software and upgrades, custodian data feeds, resource allocation, and inefficient manual processes.

We can leverage and have expertise with various technologies such as Bloomberg VCON, TradeWeb, Charles River IMS, Omgeo CTM, Eagle Investment Systems etc. which allows us to easily integrate and streamline trade operations for each unique workflow.

Solutions are fully customizable and easily scaled to plug into your operations, whether this involves full outsourcing or a one-time project, we are positioned to address the essence of the problem and offer a menu of solutions that fit scope, schedule, and budget.

Reporting & Data Management

Our Reporting & Data Management service and expertise is a unique offering that addresses a common pain point experienced by most investment advisors as multiple systems and resources are involved. Solutions are fully customizable and easily scaled to plug into your operations, whether this involves full outsourcing or a one-time project, we are positioned to address the essence of the problem and offer a menu of solutions that fit scope, schedule, and budget.

At the heart of all reporting is the underlying data. Ensuring data integrity, accuracy, centralization and governance exist and that proper controlled processes surrounding data and reporting are in place are absolutely essential for more accurate, timely, and controlled reporting, which will have an immediate impact on perception and service level for your business.

STP prides itself in offering fully tailored and customized reports to our clients. We believe strongly in working with our clients to meet exact specifications and simply do not believe in a one size fits all approach. STP provides flexible options for report distribution and delivery in a number of popular business formats and mediums including access to an online portal.

STP can offer full outsourcing or insourcing of data management and reporting while still providing our clients with the control and access to the data they require. We are able to centralize all necessary data and feed any system in any format like an Order Management System (OMS) or analytics tool. Alternatively, we can address issues related to your internal data and reporting systems via projects and consulting.

Compliance & Risk Management

Managing your internal controls and compliance functions can be a daunting and often painful task considering the continuously evolving industry regulation and requirements. We can assist your organization by providing a diverse range of compliance solutions tailored to your specific needs. Whether you are searching for a pre-trade compliance tool prior to execution or need assistance navigating and complying with the ever changing and often confusing regulatory requirements of our industry, STP can help.

Not only does STP provide expertise in operational, fund, trade and investor compliance, but we practice it too through the maintenance of our unqualified opinion of our SAS70 Type II certification and ensuring funds we administer comply with Anti-Money Laundering, KYC, and other regulatory requirements.

Additionally, we possess expertise in "pre-trade and post-trade" compliance workflow, design and implementation. On a consultative basis, we can design a workflow solution that fits seamlessly into your existing environment. Whether you are utilizing proprietary or vendor based systems, STP can develop a workflow that works for your firm.

Legislation and regulatory requirements such as The Patriot Act, Know Your Client, Anti-Money Laundering, Sarbanes-Oxley, SSAE16 and Dodd-Frank have created a dilemma for many firms. Outsourcing these functions to STP can offer you peace of mind in knowing that you have contracted with a trusted partner who will ensure that your firm is on track.

Consulting

We offer quite an array of customizable Consulting and Project services that are available to help your organization achieve operational and technology efficiencies. With our vast and diverse operational and technical experiences coupled with forward thinking and our understanding of all facets of investment operations and systems, we are positioned to deliver value immediately. This service is unique because our team understands both the macro and the micro, which is the key to providing solutions that are in the best interest of the investment operations platform now and in the future. STP is both a specialist and generalist in numerous vendor systems in the front, middle, and back office and most importantly we are experts in providing integration, workflow, conversion, migration, and technical solutions that enables the systems, operations, and controls to work in harmony, which ultimately achieves the "Straight Through Processing" (STP) ideal for your firm.

If a vendor product or system is not listed or detailed, we most likely have experience working with it! Given the finite space on our site, we have selected two vendor systems to highlight our expertise: