The securities financial services industry has embarked on a significant transformation with the transition to a T+1 (trade date plus one day) settlement cycle. This shift promises to enhance market efficiency, reduce counterparty risk, and improve liquidity. However, the move to T+1 also presents a series of complex challenges for post-trade participants, particularly in the realm of core systems technology. Yet, in adversity lies opportunity. By addressing these challenges head-on, organisations can not only comply with market demands but also gain a competitive edge, suggests ERI’s Alan Goodrich.
