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Get started with the transition to T+1
What can we learn from the US?
- In the context of the UK’s commitment to move to T+1 settlement by October 2027, what can we learn from the US in terms of the challenges, opportunities and the technological solutions needed to navigate this accelerated environment successfully.
- It is essential for trading and operations professionals focused on regulatory and compliance change to get started now with the transition to T+1 settlement before it is too late.
- So, whether you are an investment bank, asset manager and institutional investor or a broker-dealer and custodian – GFT has the expert guidance available to accelerate your journey.
The challenges
The transition to T+1 settlement presents considerable challenges for financial institutions. The need for expedited trade confirmation, settlement and reconciliation due to shortened timelines places considerable pressure on operational capabilities.
The UK T+1 ‘Code-of-Conduct’ identifies twelve critical actions in four business areas which must be implemented by all market participants to ensure a sustainable transition to T+1.
Firms must guarantee that their systems and processes are equipped to consistently address these actions, achieve T+1 settlement and uphold high standards of settlement efficiency across various asset classes by October 2027.
Our approach
We suggest initiating a short discovery engagement to evaluate existing systems and processes. This initiative will serve as the foundation for an implementation plan aimed at assisting your organisation in achieving T+1 settlement.
GFT will review the existing processes, identify areas for improvement and implement technology changes through the Genesis Global Trade Allocation Manager (TAM) platform or through bespoke engineering where required.
Our solution
Unparalleled efficiency and custom-built towards our clients’ requirements
Fully integrated with other internal platforms and systems.
Effectively assist financial services organisations in optimising their regulatory reporting requirements by leveraging advanced technological solutions.
Customised platforms that automate compliance processes, minimise manual errors and ensure compliance with various regulatory standards.
Our credentials
Choosing GFT to prepare for T+1 settlement offers several distinct advantages:
Get started with the transition to T+1
Watch highlights from our recent event
GFT and Genesis Global recently hosted an informative event exploring the required transition to T+1 settlement, featuring an expert panel discussing the challenges and opportunities the settlement provides.
If you have any questions on what was discussed, please don't hesitate to contact us
Our partner
The Genesis Global Trade Allocation Manager provides a centralised platform for capturing and processing trades across asset classes, markets and entities, enabling firms to accelerate client confirmations and scale their trading activity, whilst minimising operational and regulatory risk.
