With less than a year to go before the implementation of T+1 settlement in the U.S., the time to prepare for the transition is now. Aside from leveraging technology, people and processes to drive settlement efficiencies in a T+1 world, there are also regional nuances such as managing time-zone differences and foreign exchange trades to contemplate.
In less than 5 minutes, Val Wotton, Managing Director and General Manager, Institutional Trade Processing, DTCC, discusses the impact of T+1 on Asia and the key considerations to assess in your preparation journey.
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Val Wotton discusses T+1 impact’s on Asia and key considerations for preparation.