Accelerated Settlement – Global Trend, Local Challenges
T+1 in North America arrives on the 27th May in Canada then the 28th May in the USA. For international capital markets and investors world-wide the impacts are extensive and go far beyond simply working faster, or adapting existing practices. Earlier this year ISITC Europe published its industry preparedness for accelerated settlement academic report commissioned […]
The Ten Pillars Of Digitalization
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 […]
Industry Preparedness for Accelerated Settlement Report
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 […]
Solving the post-trade transparency challenge
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 […]
Post-trade Alpha Discussion Paper
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 […]
Post Trade Forum June 2021 Discussion Outcome
The inaugural meeting of the ISITC Europe post trade forum (PTF) was held on the 16th of June 2021, with the newly appointed co-chairs initiating a discussion with members/representatives of the advisory board and invited guest attendees. This represented a good cross-section of the capital markets industry, with attendees from wealth managers, custodians, investment banks […]
Death by Cyber Attack
The ability of cyber threats to compromise information systems is an ongoing danger to all organisations, an emerging threat presents a new challenge, cyber-attacks that may cause harm to systems with the potential to kill the business. Financial services are amongst the most attractive targets for cyber attackers as industry reports rank FS as the […]
The Future of Work: Reimagining business as usual
Even before the COVID-19 crisis hit, major shifts were under way in how businesses and their employees work. This report on ‘the Future of Work’ from Verizon investigates to what degree companies have been preparing themselves for the future, and how their efforts have been affected by the crisis. More than 1,700 senior executives in […]
What ever happened to Blockchain?
There is no doubt that the creation of Blockchain/DLT and relevant technologies has brought forth many multiple levels of opportunity for future innovations in the financial markets. Based on its consensus-based and trustless nature, we have seen the seen the evolvement of first generation Bitcoin and its underlying payment system via an elegant DLT structure […]
CSDR – Impacts on the buy-side
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 […]