Waters Wavelength Podcast: Countdown to T+1

Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.

Waters Wavelength Podcast    Episode 281: Countdown to T+1

To hear the full interview, listen in the player above, or you can click on the download button in the player above.

Joining Wei-Shen on the podcast this week is Val Wotton, managing director and general manager for Institutional Trade Processing at the DTCC. They talk about the time left to US T+1, the assessment of firms’ readiness, as well as the SEC’s rule on affirmation rates.

5:30 – Val joins the podcast and gives an overview of his role at the DTCC
7:00 – The T+1 finish line is in sight 9:00 – Val walks through the status of affirmations in the industry
12:30 – Investment managers have three options 16:00 – FX funding is another challenge
19:30 – The SEC’s targets, potential consequences, and focus on adhering
31:00 – Move to T+1 in Europe, the UK and Asia

This article was originally published to WatersTechnology on March 29, 2024.