Article ID: 7da88d8323b7e528e383f7606f0d75e5515dacce92973a21b9d6fa993de88bc6
Source ID: regulatory:risk.net
Published At: -
Extraction Method: trafilatura
URL: https://www.risk.net/resource/7963837/the-t1-get-ready-plan-for-late-starters
Body Text
The T+1 get-ready plan for late starters Get your middle office ready for T+1 Europe is moving to T+1 settlement in 2027, and time is ticking for the middle office to prepare. Produced with FIS®, this white paper from Firebrand Research identifies the middle-office processes in most urgent need of automation – proposing a plan of action for late starters on the road to T+1. Beat the T+1 compliance deadline with research findings and recommendations Industry testing cycles for T+1 are planned to begin in early 2027, but it’s not too late to adapt middle-office processes and meet your regulatory and customer obligations. Act now for timely compliance Industry groups across Europe recommend that firms implement internal changes in the middle office by December 31, 2026. Reset your middle-office priorities With errors costing the industry more than $186 billion a year, it pays to invest in trade matching, confirmation and allocation systems and processes first. Optimise automation For Firebrand survey participants, only 83% of equity flow and 71% of fixed income flow currently undergo automated central matching. Streamline operations As firms move into new markets, middle-office support must be consistent across asset classes and scale to higher volumes. Is your middle office equipped to handle T+1? Unlock the white paper for a get-ready plan, designed to help late starters rapidly adapt to a shortened settlement cycle in Europe. Learn how to automate and modernise middle-office processes as necessary for timely T+1 compliance. Download the whitepaper Register for free access to hundreds of resources.
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