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STP Investment Services (STP), a global provider of technology-enabled investment operations, fund administration, and compliance solutions, and CAPIS, an institutional brokerage firm providing outsourced and supplemental trading services, have announced a strategic partnership.
This collaboration aims to launch a coordinated outsourced model that integrates trade execution and investment operations support for buy-side firms.
As firms increasingly seek to scale without expanding internal trading and operations teams, the traditional separation between outsourced trading and middle-office support is diminishing. Through this partnership, investment managers can access CAPIS’ outsourced or supplemental trading capabilities alongside STP’s tech-enabled investment operations outsourcing, creating a cohesive experience across the entire trade lifecycle.
Together, STP and CAPIS will offer investment managers, from emerging managers to established institutional firms, a coordinated solution designed to enhance operational efficiency, improve business continuity, and support long-term strategic growth. This integrated approach addresses the complex demands faced by institutional players in the prime brokerage comparison landscape.
Jeff Hooks, Senior Vice President at STP Investment Services
Jeff Hooks, Senior Vice President at STP Investment Services commented:
“Buy-side firms don’t want more vendors, they want integrated infrastructure. By partnering with CAPIS, we’re able to present a flexible, packaged solution that allows firms to outsource as much or as little as they need, whether that’s execution support, trade settlements, reconciliations, or broader middle-office functions. Our teams have already demonstrated how effectively we can work together behind the scenes to deliver a streamlined experience for clients.”
The partnership builds on a successful collaboration supporting a mutual investment manager client. In that engagement, STP and CAPIS worked closely to align data feeds and file structures so trading data could move efficiently into downstream operational workflows. By coordinating file formats, required data fields, and system requirements, the two firms reduced manual intervention and eliminated the need for the client to reconcile outputs between separate providers. The result was reduced operational friction, faster downstream processing, and a more scalable forex broker business model.
Chris Hurley, SVP and Head of Institutional Sales at CAPIS
Chris Hurley, SVP and Head of Institutional Sales at CAPIS commented:
“We're thrilled to partner with STP as we look to further streamline the trading lifecycle for our clients. By combining CAPIS' proven trade execution and commission management services with STP's middle- and back-office expertise, we’re offering clients a seamless experience that reduces complexity, strengthens oversight, and ensures that execution and post-trade processes move in lockstep.”
To shared clients, CAPIS will provide outsourced and supplemental trading services designed to function as an extension of a client’s trading desk. Investment managers may choose to outsource a discrete portion of their trading activity, use CAPIS as a contingency or overflow solution, or fully outsource execution depending on their business model. CAPIS supports global equities, fixed income, and derivatives trading, and brings extensive commission management expertise, including support for client commission arrangements and broker-vote objectives. Its ARC solution is designed to eliminate trade rotation for WRAP and SMA platforms by incorporating those orders into the primary block, with the goal of improving execution consistency and reducing performance disparity.
Additionally, STP will deliver tech-enabled middle-office and investment operations outsourcing solutions that integrate with clients’ existing systems. Through its BluePrint platform and experienced operations teams, STP supports a broad range of functions, including reconciliation, trade settlements, performance measurement, corporate actions and pricing, portfolio accounting, client reporting, fee billing, and compliance services. Its flexible outsourcing model allows firms to leverage STP’s technology, personnel, or a combination of both, transforming middle-office operations into a scalable infrastructure designed to support growth.
This integrated approach is particularly relevant for institutional firms seeking optimal execution and robust post-trade processing, areas where access to reliable liquidity providers is paramount. Such partnerships streamline the operational complexities often faced by those navigating the highly competitive Tier 1 liquidity providers landscape.
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