Settling securities trades in a single day (T+0) will represent a paradigm shift, and the industry can get ahead of this future now.

The U.S. Securities and Exchange Commission (SEC) announced last year its intent to shorten the settlement cycle for most securities trades from two business days to one – a change that will come into effect on May 28, 2024. It’s the latest evolution in a long-standing trend of shortening trade cycles – one that could soon extend to same-day settlement.

And while moving to T+1 settlement requires time and investment in technology as well as change management, moving to T+0 will create significantly more disruption for the financial sector. But institutions don’t need to wait until regulators mandate this change. In this report, we explore how beginning the process of transitioning now will put companies in front of the massive shift on the horizon.