From the floor at FIX: David Pearson gives exclusive T+1 insight

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David Pearson, co-chair of the FIX global post-trade working group, gives us an exclusive insight into the FIX closed door T+1 roundtable - revealing...

DTCC trials automated corporate actions announcement process

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DTCC, the post-trade market infrastructure, has initiated a pilot scheme designed to further automate the corporate actions (CA) process, in an attempt to address...

T+1 could cost the industry $31 billion a year – with 31% of institutional...

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The biggest cost contributors include financing fees, information leakage, increased FX costs and settlement failures, according to new data from Bloomberg Intelligence – while...
Quin Perrott, TRAction

TRAction integrates with PrimeXM for enhanced trade reporting

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TRAction, a provider of trade reporting solutions, and PrimeXM, a technology provider, recently deployed a new integration for enhanced trade reporting: now being rolled...
Risa Lederhandler, Goldman Sachs

Goldman Sachs significantly improves settlement rate by automating same-day affirmations

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The bank achieved over 99% same-day affirmation rate (SDA) in Q4 and a significant reduction in US settlement fails by value, using DTCC's central...

T+1 disaster planning: Prepare for the worst, hope for the best?

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Where are you with your T+1 planning – and what will happen if you don’t meet the deadline? New data suggests that right now,...

Broadridge launches post-trade gen AI ‘co-pilot’

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Broadridge has launched OpsGPT, a generative AI-powered ‘co-pilot’ for operations users, analysts and management teams across the post-trade lifecycle. Broadridge capital markets president, Vijay...

UK’s T+1 Taskforce report delayed to Q1, Technical Group created to develop market standards

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The UK's Accelerated Settlement Taskforce has delayed its expected report to Q1 of next year and announced new plans to establish a Technical Group...

AFME calls for caution when considering a move to T+1 in Europe

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The Association for Financial Markets in Europe (AFME) today responded to ESMA’s call for evidence on shortening the settlement cycle in the European Union,...

Buy robot: Sell-side firms look to automate post-trade as next-gen talent pool shrinks

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Sell-side clearing firms, facing pressure from a competition for talent, higher pay in other sectors, post-crisis reforms hitting profitability and increasing regulation, have turned...