Talk:Straight-through processing

Loopholes of STP
what are the loopholes of STP.
 * common sense - with some more time I will care for this... stub. Still I suggest you sign next time. --Martin0815 (talk) 10:52, 22 March 2009 (UTC)

Hardly an advert?
The mention of a small, unknown, company, making its business around the NYSE, that is, with no international reach, is not only an advert, it is irrelevant. It offers e-trading onto a hand-held device. That has nothing to do with STP. This amalgam between e-trading and STP is deceiving and dishonest. And anyway Wikipedia is an encyclopaedia ; it is no place to single out any vendor.Bmathis (talk) 22:38, 10 December 2010 (UTC)


 * You deleted an entire paragraph that appears to have far more significance than one small, unknown company. Whilst your point is valid, and you probably know more about the detail of the NYSE's history than I do, this looks like a job for editing rather than a block deletion. Your deletion left a gaping hole. Andy Dingley (talk) 23:23, 10 December 2010 (UTC)

Request for comment

 * The following discussion is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

Although a request for citation has been present since May 2017, there have been no citations added to support the claims that Mr James Karat "invented" STP. STP is a well known concept and not an invention created by a single person. It is simply the automation of business processes. There is no mention of what role Mr Karat played in the automation of the process - it appears he was working on an automation project anyway, so is it actually the case that he was the "jobber" and not a business process architect, system architect, system developer or any person who could have claim to "inventing" a concept. It appears that the entries have been made by Mr Karat himself and not someone independent. In fact in April 2016 the Edit History shows Graeme Austin commenting "Origination of phrase is in fact in dispute. James Karat may have been the first but I was deeply involved in STP in the early 90s in London and he is not known to me."

Should references to Mr Karat be removed?

Justiceforstp (talk) 12:24, 31 October 2018 (UTC)


 * Delete if his involvement and the facts stated can not be reliably sourced then they should be removed. MilborneOne (talk) 16:44, 2 November 2018 (UTC)


 * Yes Without citations and no clear connection of this person to the development of the concept, there's no need to keep this content. If a citation can be produced, then the content can be restored. 2601:186:827F:F9E7:3852:94B0:6F2B:C43E (talk) 21:34, 11 November 2018 (UTC)
 * Yes, the references to Mr Karat should be deleted. Summoned by bot. Delete per WP:RS. I can't find any sources, although admittedly this would be hard to source. If it is true that "many sources" support this, then someone who can find them can add content supported by those sources. Since we don't have that now, we can't keep the content. Chris vLS (talk) 20:04, 19 November 2018 (UTC)
 * Yes, pending a citation.--Saranoon (talk) 21:52, 29 November 2018 (UTC)
 *  Yes, remove . as per other arguments above. Dryfee (talk) 20:11, 30 November 2018 (UTC)


 * The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

Factually incorrect
Someone (James Karat?) who is not logged into Wikipedia (as well as user Jasperjak) is undoing other people's edits and claiming that they are verified by a Visa evidence: "STP payments only occurred after STP was invented as per Visa evidence." or "as per confirmation from industry." However, this evidence is not provided nor linked to on the page.

STP in Payments existed before the early 1990's when Mr Karat claims to have invented STP in equities trading. See for example this workshop from 1992 related to software systems using AI to provide higher STP rates in payments (such as Ingenia's FircoSoft): Adaptive Intelligent Systems: Proceedings of the BANKAI workshop, Brussels, Belgium, 12-14 October 1992, which is now marketed as Firco STP Factory or this list of vendors including Cognitive Systems Inc with software SwiftFix. Another conference from 1990: The Eight National Conference on Artificial Intelligence

--Jedison brussels (talk) 09:17, 5 March 2019 (UTC)