Whilst October 11, 2027, may seem far away, there is much to do to ensure a smooth transition for all market participants.
Euroclear is proud to support both the UK Accelerated Settlement Taskforce and the EU T+1 Industry Committee. Our leadership role in this momentous transition reflects our commitment to innovation, market integrity and financial stability.
Accelerated settlement requires a huge effort from all market participants, but the benefits are clear: reduced counterparty risk, increased liquidity and enhanced operational efficiency. We are pleased to say that progress is already underway, with nearly two-thirds of the global investment industry actively preparing for the UK T+1 transition.
In this video, Chris Elms, CEO of Euroclear UK & International, highlights the importance of prioritising technology and automation improvements to ensure readiness: “Automation can streamline post-trade processing, reduce manual errors and help unlock the benefits of accelerated settlement. But automation and big data analysis only work when there is good data, so there is also an onus on organisations to ensure that their data is accurate and complete.”
At Euroclear, we have reviewed procedures, policies and technology to enable the move to T+1, and we have published responses to the UK Taskforce recommendations well ahead of the deadline to help participants plan with confidence.
Join us in delivering a seamless transition.
