Increased settlement fails inevitable with US T+1 migration – Meritsoft

31st May, 2023

Sophia Thomson
London

Daniel Carpenter, chief executive of Meritsoft, said: “One of the issues banks will face under T+1 is how to consolidate and normalise their settlement fails into one place so that any associated costs can be accurately reconciled"

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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