In May 2024, securities settlement in the United States, Canada, and Mexico will move from two days to one (T+2 to T+1). While the move will, in theory, reduce counterparty and market risk and lower margin requirements, it will have a significant knock-on effect on the global foreign exchange markets (FX). Jason Vitale, global head
Automation
T+1: What Now?
T+1 has clearly arrived in the West, although the views on how this has impacted day-to-day processing will extend globally.
Whether industry firms have taken a tactical or strategic technological approach to covering this market change, the role of technology and the importance of having a highly modernized solution have never been greater.
So, how is technology playing a role – and what are the most important areas that we have seen come through in the transition to T+1 for market participants.
FinTech Ops
New Skillsets & Integrations Are on the Rise for Performance Teams
A recent study reveals how the performance profession is evolving in two key aspects.
Automation
Time to Automate Performance Reporting for Clients & Prospects
I am looking forward to my participation in the Performance Measurement Americas (PMA) 2018 panel discussion entitled “Time for Full Automation,” which will take place Friday, March 9, at 12:05 p.m. at The Westin New York at Times Square, 270 W 43rd St., New York, NY 10036. Putting automation around the calculation of investment performance