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U.K. & E.U. front and back offices need to talk to avoid coordination shortfalls caused by the tighter T+1 timeframes to come.
Critical conversations between front- and back-office teams about the impact of the United Kingdom’s (U.K.) and the European Union’s (E.U.) transition to a T+1 settlement cycle are not happening, according to industry sources. European, U.K., and Swiss firms are beavering away on their transition to a shorter, T+1 settlement cycle by Oct. 11, 2027. While...
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