Today, saw the publication of the long-awaited UK Accelerated Settlement Taskforce report written by Charlie Geffen. ISITC Europe supports the report and its conclusions, which recommends that the UK implement T+1 settlement by 2027 We also support the wish to collaborate with the EU to where possible, to coordinate the T+1 implementation date and […]

Blockchain & DLT – just like the early railways or good for T+1? You decide By Tony Freeman In the early 1800’s railway pioneers across Great Britain and Ireland were busy developing this amazing new form of transport. Imagine the transformational impact of moving from horse speed to a steam-driven locomotive capable of 25kmh. Coal […]

The race to T+1: Your guide to getting ready In this recording ‘The race to T+1: Your guide to getting ready’ from a LinkedIn broadcast, moderated by Simon Daniel from Swift, T+1 implications and assessment are discussed with Alex Chow from the Investment Association and Gary Wright, Director Industry Affairs of ISITC Europe. The conversation […]

A T+1 Forum Event hosted by EY Data Challenges Roundtable Summary & Recommendations   In the fourth of the ISITC Europe T+1 Forum series of roundtable discussions, industry experts focused on data challenges and the role data plays in efficient settlement for near/real-time processing. This post-event summary examines the current and immediate issues that market participants are facing, […]

Solving Reputational Risk in ESG Ratings for the Board Tuesday 5th December 2023 Time: 16:00 – 18:00 Location: The Chartered Institute for Securities & Investment, 20 Fenchurch street, London, EC3M 3BY ISITC Europe in association with the CISI is hosting a special round table to discuss and offer resolutions on how to reduce the reputational […]

LONDON, 17 October 2023 – ISITC Europe has been undergoing significant changes in its structure (now a not-for-profit Community Interest Company) and objectives over recent years. We are pleased to announce our latest development, the establishment of a series of European Councils, which will enable our community to become better informed about country specific challenges […]

The T+1 debate at SIBOS in Toronto this year will examine the challenges of shortening the settlement cycle and gage preparedness of the global Capital Markets and Investors for the North American move to T+1 in May 2024. One of the key benefits of T+1, will be to compel players in the market, to introduce […]

A Roadmap Towards an Ethical Wealth Market   By Anmol Chaudhari Introduction As the world grows more conscious of its impact on the environment and society, the realm of investing is undergoing a profound transformation. Sustainable investing, often referred to as ESG (Environmental, Social, Governance) investing, has emerged as a powerful vehicle for not only […]

A T+1 Forum Event hosted by EY Post event review on T+1 Settlement – a race against time The North American move to trade date plus one (T+1) settlement on May 28, 2024, will have the greatest impact on global capital markets in over a decade. The effects of this change will reverberate in different […]

A T+1 Forum Event hosted by EY T+1 Settlement – a race against time in more than one sense Date: Wednesday 19th July 2023 Time: 16:00 – 17:30 Location: Ernst & Young LLP, 25 Churchill Place, Canary Wharf, London, E14 5EY ISITC Europe CIC would like to thank the T+1 Forum secretariat Ernst and Young […]

This academic paper is written from research commissioned by the SWIFT Institute discusses the progress made towards T+1 and instantaneous settlement in financial markets, and industry preparedness for such a change. It covers the various equity settlement technologies and analyses how collateral, stock lending and margin requirements can impact the settlement processes. The debate on […]

In the video below Trip Chong, Director of Global Class Actions at Broadridge talks to Gary Wright, Director, ISITC Europe about the imminent threat of ESG Class Actions. He asks her to elaborate on why board members should be concerned with greenwashing and why is this becoming an issue? To explore this and other ESG […]

An ESG Forum Event Roundtable Discussion: The imminent threat of ESG class actions roundtable discussion Date: Wednesday 10th May 2023 Time: 12:45 – 13:15 Lunch  – 13.15: Welcome/Opening Address – 13:20: Presentation by Trip Chong followed by roundtable discussion – 14:45 – 15:00 Close Location: The Chartered Institute for Securities & Investment, 20 Fenchurch street, London, […]

Thinking about T+1 – Is a crisis always obvious? How do you define a crisis? It may sound like a dumb question – surely, it’s obvious! If your house is on fire – certainly. But is it always obvious? The reason I raise this issue is the efficiency of post-trade operations in buyside firms. For […]

For immediate release ISITC Europe CIC – London, UK – 18 January 2023 To help the financial services industry address the growing focus on Environmental, Social and Governance (ESG) issues, ISITC Europe CIC, a not-for-profit industry body, which for the past 30 years has been a catalyst for collaborative innovation across the capital markets, is delighted […]

The move to T+1 measuring the impact on Market Resilience An Industry Research Consultation kindly hosted by the SIO Date: 22nd February 2023 Time: 3.30 – 5.45 Location: Edinburgh Training and Conference Venue, 16 St Mary’s St, Edinburgh EH1 1SU, UK ISITC Europe has been commissioned by the SWIFT Institute to conduct academic research into […]

A Cyber Security Forum Event Cyber Security Executive Briefing: Complying with Regulation and Data Law Date to be confirmed Location: tbc This is the 2nd in a series of face to face briefings for Senior Business leaders, which focuses on complying with regulation and data law. These briefings have been created with the intent to […]

A Cyber Security Forum Event Date to be confirmed Location: TBC Cyber Security Executive Briefing: Defending the Perimeter This is the first in a series of face to face briefings for Senior Business leaders. They have been created with the intent to educate, inform, and answer the key Cyber Security questions facing business leaders today. […]

New SWIFT report: Solving the post-trade transparency challenge From packages to pizzas, today we can track the status of almost anything we order. But currently there’s no way of tracking a securities transaction across the various intermediaries in a trade. As a result, securities players face significant costs and risks associated with failed trades that […]

Tuesday, 24th of May 2022  @ 6PM (followed by a drinks and nibbles)   At:  The Worshipful Company of Information Technologists Hall, 39A Bartholomew Close, London EC1A 7JN With 2022 being the year of DORA and UK legislation implementation, we invite you to join this best practice workshop  as we meet to hear from subject […]

  Following the debut of the Digital Operational Resilience Act (DORA), which proposes that the Regulator should regulate infrastructure and is due to be ratified by the EU this year. The ISITC Europe debate on the subject of ‘Should the Regulator interfere in infrastructure, took place last week hosted by Metro Bank. The audience was […]

  As you may have seen, in the US the SEC has recently voted to propose rule changes including moving to a T+1 settlement cycle for most broker-dealer transactions in securities. The SEC says: “The proposed changes are designed to reduce the credit, market, and liquidity risks in securities transactions faced by market participants and […]

Webinar: Transformational Challenges for Post-trade in 2022 24th March 2022 @ 16:00 GMT As 2022 gets underway, we discuss some of the key strategic considerations and transformational challenges that the post-trade community will need to address. If 2021 saw ongoing focus in digitalisation as a response to the pandemic, 2022 will see momentum continuing as […]

Post-trade Alpha Discussion Document The recovery from the initial phases of the pandemic dominated management agendas in 2021, as the industry adjusted to what has been widely described as the ‘new-normal’. The adoption of remote and hybrid working practices created momentum around digitalisation agendas, which whilst focussing on new ways of working (rather than transforming […]

The diversification of institutional investments into a broader range of asset types over the last couple of decades has been significant and transformative. Buy-side firms have expanded their investment focuses from the more traditional end of the investment spectrum to all kinds of alternatives, including real assets such as commodities, real estate and even crypto […]

On the 9 December 2019, the Senior Managers and Certification Regime (SMCR) became applicable to all Financial Services and Markets Act (FSMA) authorised firms; including banks, building societies, asset managers, investment firms, insurers, mortgage providers, consumer credit firms and sole traders. So 1 year on, given the interruptions in 2020 and the FCA enabled ‘3 […]

Solving the Problem of Reference Data  The problem of reference data, in terms of  “dirty data”, has been estimated to cost the industry between 15% -25% of  its revenue, but improving the quality has posed significant challenges for the industry for decades. Despite investment in new technologies and collaborations across the financial markets. The ability […]

Blockchain and distributed ledger technology came to the fore with the appearance and growth of cryptocurrencies, so whatever happened to blockchain? The narrative that started spreading at some point in 2013 was that blockchain technology should be decoupled from bitcoin, and used for more than exchanging digital currency. Cryptocurrency units could be inscribed with additional […]

Cybersecurity: Is your home the new office? “Working From Home” exposes the security landscape of your organisation: In this session our experts, Jason Harrell, Executive Director, Technology Risk Management, Head of Business and Government Cybersecurity Partnerships, Aman Sood, Chair, ISITC EUROPE Cybersecurity Forum and Michael Cheshire,  CX Transformation EMEA, Verizon Enterprise Solutions talk about how COVID-19 has proven […]

Accelerated digital transformation is driving increasingly complex and distributed digital infrastructures; across on-premises, private cloud and public cloud platforms. The reality is that most organisations find themselves in this ‘hybrid reality’ – and will continue to do so for some time to come. Organisations are investing significant amounts of money into building modern dynamic hybrid […]

ISITC TalkTime Podcast: Getting to grips with resilience in the Cloud ISITC Europe talks to Alasdair Hodge, Chief Architect at Cloudsoft about getting to grips resilience in the Cloud. This Podcast is a source of important information, for senior professionals, within Capital Markets firms. Enabling them to understand, some of the benefits and uses of […]

Downtime is expensive. The average cost of unplanned application downtime at Tier One financial institutions exceeds $2.5bn every year, according to the IDC. The Operational Resilience of your business depends now more than ever on the availability of your IT systems. Critical systems and the applications which support them need to be available at all times, […]

Death by Cyber Attack Webinar The ability of cyber threats to compromise information systems is an ongoing danger to all organisations, however  an emerging threat presents a new challenge, cyber-attacks that may cause physical harm to systems with the potential to kill the business. Financial services are among the most attractive targets for cyber attackers […]

ISITC TalkTime Podcast: Post-Trade Efficiency and Transformation ISITC Europe talks to Bob Santangelo from Broadridge about the need for post-trade efficiency and transformation. The discussion centres around the impact that the global pandemic has had on the need for banks and brokers to transform their processes to achieve greater post trade efficiency. Which has been exacerbated […]

We need to talk post-trade : The problem with the status quo Even before the spring 2020 volatility, the need to invest in post-trade infrastructure across the sell-side was becoming widely accepted. Investment in the back-office has lagged that of the front-office for decades. In some institutions, front-office systems capable of executing thousands of trades a […]

Cloud enables innovation but adoption in Capital Markets remains low – why? [If you were unable to attend this interesting workshop entitled ‘Developing Standards across Cloud Services’, a recording is now available for Members to view via the Members Only Area. Members should log in to enable access.] We hosted a joint workshop on Developing […]

When fully implemented, it could be argued that Central Securities Depositories Regulation (CSDR) will have had the biggest impact on the post-trade life cycle. HSBC have prepared a guide for asset owners and managers explaining why, how and what CSDR is about, focusing particularly on settlement efficiency, to help navigate the impact of CSDR implementation. The […]

New events will be announced soon.