Much has already been said about the impact of T+1 in the US and the potential implications for the UK and Europe’s migration in 2027, but the topic is far from exhausted. T+1 is a golden opportunity to increase organisational efficiency – Danny Green, head of international post-trade at Broadridge, will explain how in the upcoming PostTrade 360° 2025 conference, in a panel titled “T+1 impacts through the trade journey, pt 6: settlement and fail management”.
In his discussion of the settlement and fail management impacts of T+1, Green will make the point that rather than waiting until next year to focus on execution, European market participants should be looking at what they need to change now in terms of operational process and their interaction with third parties such as clients, custodians, and market infrastructures.
“I want to shift the focus from ‘this is something we have to do because there is a market deadline’ to reflecting on why every organisation in the settlement ecosystem needs to become more efficient, and the benefits of transforming their operations to gain the maximum benefit from this increased efficiency,” he says.
The value of automation
One of the key questions he hopes to answer is whether greater automation can make organisations less volume sensitive because they are doing more with less.
“We need to move away from a ‘this is coming and I’ve got to do it’ mentality and start thinking about how to set up to optimise client delivery in a more streamlined way,” suggests Green, adding that it is important to view T+1 as a positive development.
“I want everyone who attends this session to be able to go back to their organisations and communicate how they are beginning to get excited about the potential of T+1 in terms of how they are going to be more efficient and better able to deliver a great – and differentiating – service to their end clients.”
Have you signed up yet to be in Stockholm for PostTrade 360° 2025 on 3–4 September? It’s free for securities operations pros, both trading and investor sides! (Vendor firm representatives need a sponsorship agreement.) The powerful event website lets you register, see all other delegates, schedule sessions and meetings, and message. Find all related articles, including loads of teaser interviews, here.
