One of the main changes in the new framework will see participants in the Northbound Bond Connect able to use eligible onshore bonds as collateral for RMB repo transactions in Hong Kong.
Our predictions conclude with a range of industry predictions from Northern Trust, DTCC, Chainlink Labs, Firebrand Research, SSImple, Pivot, Coalition Greenwich and SoundHound AI on trends set to impact the industry in 2025.
Appointment will coordinate the work of the industry, acting as the link between various market participants.
New features are due to begin rolling out in mid-2025, with key upgrades set to include real-time data processing and real-time settlement instruction matching.
The ECB’s trials focus on exploring new technologies for wholesale central bank money settlement, with the trials involving real transactions using actual securities and cash.
Daniel Carpenter, CEO of Meritsoft, a Cognizant company, discusses the challenges and strategies for firms transitioning to T+1 settlement, emphasising the need for proactive investment in AI-based solutions to manage trade fails and streamline operations ahead of the 2027 deadline.
The development will provide a service for European SFT transactions in cash equities and ETFs, including central clearing, settlement and post-trade lifecycle management.
Migration aligns with the UK’s proposed switch, with ESMA pointing to the efficiency and resiliency benefits of the move.
AccessFintech's head of client experience, Pardeep Cassells, discusses the UK’s unique challenges in transitioning to T+1 settlement, emphasising the need for automation and regional coordination to mitigate operational risks.
In a newly released T+1 post-implementation report, CCMA reflects on the project’s successes, lessons learned, and areas for future improvement in securities settlement within Canada.