MT103 is a message type in SWIFT that used to transfer a fund for single customer. STP = straight through processing

Hal McIntyre has written:

'Straight Through Processing for Financial Services Firms'

'Securities Operations Glossary'

The benefits of straight through processing is: 1.Facilitates shortening of settlement title 2.Increases transparency 3.Avoids costly duplications of work and manual intervention 4.Reduction in risks and errors 5.Faster data capturing, processing and report generation 6.Increases the overall efficiency's 7.Makes the market cost affective 8.Better regulation by systematic audit trial

(Yaki) is a hair texture that is designed to look and feel like African American Hair (Black Peoples) that has been through a processing to make their own hair straight. This processing is called Relaxing.

Cofunds, which is based in the UK, is the leading independent fundmarket. Services that are available from Cofunds include straight through processing, Intraday pricing, and Contractual net settlement.