TabbFORUM and DTCC at Sibos: Next-Day Settlement

In this segment of TabbFORUM at Sibos, Michele Hillery, DTCC's General Manager of Equity Clearing & Settlement Services, discusses the implications of T+1, and how Wall Street firms will benefit from the move. She explains that brokerages will free up an estimated 30 percent in capital each day, while the automation required will also streamline their processes and workflows.

Related: With T+1, Resiliency Becomes Even More Profoundly Important

Related: T+1: The Impact of One - and Only One - Day to Settle Securities

This video originally appeared on TabbForum on October 11, 2023.