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By Nicolas XANTHOPOULOS, Partner Anthony SOMIAN, Manager at Deloitte Luxembourg
Securities settlement is a cornerstone of capital markets, with over EUR 4 trillion in securities settled daily in EU central securities depositories (CSDs)(1). Ensuring trades are settled accurately and on time is a constant challenge for market participants.
By October 2027, the EU, EEA, UK, and Switzerland will transition from the current T+2 settlement cycle to a faster T+1 cycle. Financial institutions will need to accelerate and automate their trading processes and infrastructure to meet the shorter settlement timeline. Financial institutions will need to accelerate and automate their trading processes and infrastructure to meet the shorter T+1...
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