T+1 settlement transition: Checking on the pace
Program mobilization: the imperative for action is increasingly urgent
75%
of respondents to our survey said they’ve already completed a high-level assessment to evaluate the degree of T+1 impact.
94%
of respondents are confident their firm will have the proper infrastructure in place by 2024.
Strong, centralized project and change management will be vital
41%
of all respondents said they believe technology will take the lead.
75%
of heads of equities technology believe technology will take the lead.
40%
of all respondents think operations will lead the transition.
71%
of heads of equities operations think operations will lead the transition.
Many firms have started to prepare for the T+1 settlement cycle, but might be underestimating the time, cost and effort required to enable T+1.
AI and automation: the key to help boosting STP and competitive edge under T+1
83%
claim automation is already embedded and optimized in their post-trade processing.
73%
say AI is already embedded and optimized in their post-trade processing.
Program details and budget: getting real about the costs
2:5
respondents to our survey expect their firm to spend between $6 and $10m on the T+1 transition over the next few years.
Looking forward to the future of settlement: the journey to T+0 and DLT
95%
of respondents agreed that DLT will play an important role in the settlements process going forward.
86%
86% of respondents said their organization is already considering T+0 in their current T+1 efforts.