It’s unanimous – the T+1 transition has been a success, but the ultimate verdict will come over weeks and months, not days

The initial data from the DTCC gives us an indication of positive affirmation and fail rates over the first week, while industry sentiment also provides a good steer. However, we must be patient in analysing the overall successes and failures of the seismic operational change across the global securities landscape as we move out of the ‘hyper focus’ stage.