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T+1 settlement transition: Checking on the pace

October 29, 2022 10-MINUTE READ

A perspective on accelerated settlement with the move to T+1

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.

Michael Cheek

Managing Director – Capital Markets


Dewi Novianty

Principal Director – Capital Markets

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