The move to shorter settlement cycles was supposed to roll out the red carpet for operational efficiency.
US markets met their obligations well back in 2024, but underneath the solid settlement numbers lurked an uncomfortable truth. Many had increased headcount to manage it, some by as much as 18%.
Now UK and European markets are set to make the same move. Some COOs will recognise this for the opportunity it is: a regulatory-mandated drive for operational efficiency.
The complexity ahead is immense: there are more than a dozen potential CSDs and CCPs, national regulators in each country as well as ESMA, and 20+ currencies. Trade failures will be penalised on both sides of the channel. Automation is vital, so how can firms rise to the challenge?
This webinar is for you if you have:
- Accountability for settlement or post-trade operations at a sell-side or buy-side firm in the UK or Europe
- Questions about whether your current processes and headcount model will hold up against the October 2027 deadline
- Experience of the US T+1 shift, and a growing sense that the European transition will be harder by an order of magnitude
- A mandate to prepare for compressed settlement cycles without simply scaling headcount to absorb the pressure
Join a panel of industry experts from the UK Accelerated Settlements Taskforce to explore:
- Why Ops leaders should use T+1 as an opportunity to push for broad efficiency improvements
- Lessons learnt from the US market shift, and how things will be different in the UK and Europe
- The true penalties for not being ready in time
- How agentic AI can be deployed to make T+1 and even T+0 settlement possible
