Managing the Data Tsunami: How Global Custodians Are Helping the Buy Side Meet the Demands of T+2 with More Efficient Management of SSIs

Harmonization of Europe's settlement cycle to two days after trade date (T+2) has long been discussed together with what market participants need to do to ensure its smooth implementation. With a month to go before the first phase of implementation, where trades conducted on or after October 6 will be settled on a T+2 basis, market participants are getting ready.