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Matt Rodgers, senior manager at business consultancy Sapient Global Markets, says it’s premature to know exactly what parts of an IT infrastructure will need to change in anticipation of shortened settlement. Firms should gather metrics and other data before they take the first step.
(Editor’s Note: Matt Rodgers, senior manager at business consultancy Sapient Global Markets, thinks that it’s a little premature to know what IT infrastructure and solution changes will be required for the transition to trading day plus two settlement (T+2). The efforts of the DTCC, the Securities and Financial Market Association (SIFMA) and major industry players...
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