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SIA's Institutional Transaction Processing Model Released

The final version of the Securities Industry Association's Institutional Transaction Processing Model has been released.

The final version of the Securities Industry Association's Institutional Transaction Processing Model has been released after an extensive review process involving SIA committees and a broad range of interested parties. The model has been approved by the SIA's ITP Committee (ITPC) and the STP/T+1 SIA Executive Committee, and will provide the framework for the institutional-transaction processing, settling in the United States, that is being developed by the virtual-matching utilities.

To see the model visit:

www.sia.com/t_plus_one_issue/pdf/FinalITPCModelasofMay2002.pdf

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