As the clock begins to tick on the countdown to T+1 settlement in the UK, EU and Switzerland, market experts from the UK Accelerated Settlement Taskforce , Duco, Symphony , and Taskize, highlight the importance of automation and early preparation ahead of the shift.
Expanded integration will enable clients to have reduced resolution times as well as a reduction in risk and human error, increasing operational efficiency and staff capacity.
The integration aims to expedite query resolution, ultimately minimising trade settlement failures.
Thoughts from across the industry as the countdown to T+1 drops below 12 months.
Inter-company workflow business, Taskize, is being integrated into the Symphony platform in a bid to speed up both front and back-office processes
The TRADE sits down with James Pike, head of business development at Euroclear-owned Taskize and former global head of institutional client services and global head of co-equity operations at Morgan Stanley, to learn why Europe is still struggling with settlement failures – and what can be done about it.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.
New functionality builds on existing client service channel.
The combined solution will deliver a real-time platform for clients to manage the settlement fail and buy-in process.