Fragmented local processes and the absence of a global operating model are set to challenge financial services firms in Europe and the U.K. as they prepare for T+1 settlement cycles in October 2027. A survey by Citi and research firm ValueExchange found that 29 percent of European firms lack a globalized operating model, complicating T+1… Read More >>
Vendor & Custodian Snags Could Stall T+1 for U.K. & E.U.
Vendor and custodian bottlenecks, along with a lack of automation, are set to hinder asset managers, wealth managers, and fund administrators the most, as the United Kingdom (U.K.) and European Union (E.U.) securities markets transition to T+1 settlement on Oct. 11, 2027. The warning follows recent research showing that just 66 percent of U.K. investment… Read More >>
40% of U.K & E.U. Firms Could Fail T+0 Step
Around 40 percent of securities firms in the European Union (E.U.) and the U.K. are expected to miss the 2026 deadlines tied to T+0 allocations and confirmations, a development described as a “red flag item” by the industry standards body ISITC. The findings form part of research conducted by market research firm ValueExchange, which reported… Read More >>
U.K. Treasury Pushes to Advance T+1
HM Treasury, the United Kingdom’s economic and finance ministry, has released a draft Statutory Instrument and accompanying policy note outlining the date and scope of recommendations set forth by industry working groups on the country’s transition to T+1 settlement. Published at the end of October, the draft lays the groundwork for the legal changes required… Read More >>
A.I.-Based Tool Targets CSD Affirmations for E.U.’s T+1
Central securities depositories (CSDs) affirmation is a crucial part of Europe’s T+1 settlement transition that isn’t being discussed, according to Brussels, Belgium-based financial market infrastructure group Euroclear, connectivity platform Taskize, and post-trade process automation provider Meritsoft. Last month, the European Securities and Markets Authority (ESMA) unveiled a proposal for same-day (trade date) timing for trade… Read More >>
Are You Ready for T+0 in 2027?
(Editor’s Note: The Financial Markets Standards Board (FMSB) recently published a paper on “The Future of Financial Markets,” addressing the array of challenges the industry continues to grapple with as it transitions to T+, as well as the realities of moving today’s interconnected global market to the hallowed T+0 settlement. Rich Robinson, U.S. chair of… Read More >>
APAC Needs to Brace for Europe’s T+1 Transition
Asia-Pacific (APAC) investors are to be disproportionately affected by Europe’s shift to a T+1 settlement cycle, according to new research from BNP Paribas Securities Services (BNPPSS). The French bank’s post-trade and asset servicing division is urging firms across the region to adopt automation, pre-fund settlements, and streamline their internal processes to avoid costly settlement fails… Read More >>
E.U.’s Sec Lending Sector Braces for T+1
The securities lending market in Europe is looking to the U.K. for guidance as both prepare for the shift to a T+1 settlement cycle on Oct. 11, 2027 — a move complicated by a long-running spat between borrowers and lenders over recall cut-off times. Representatives from the U.K.’s securities lending committee, under the auspices of… Read More >>
30% of E.U. Firms Have No T+1 Plans
Almost three in 10 firms have yet to begin any planning for Europe’s T+1 transition, scheduled to take effect on Oct. 11, 2027, according to a new research report, with a further two in ten — representing 19 percent of respondents — still in the process of scoping the necessary work. The remaining firms, however,… Read More >>
A.I. in U.S. Ops May Help T+1 Overseas
The U.S. securities operations industry is seeing a boon of interest in artificial intelligence (A.I.) tools — from generative A.I. to predictive fail systems — as global market participants prepare for tighter settlement cycles across Europe, the United Kingdom, and Switzerland from Oct. 11, 2027. This wave of enthusiasm comes as global financial services institutions… Read More >>
