EquiLend T+1

Ensure T+1 readiness with EquiLend

The U.S. Securities and Exchange Commission (SEC) and Canadian Capital Markets Association (CCMA) have confirmed that standard securities clearing and settlement cycles will be shortened to T+1 on 28 May 2024. For markets, this means a demand for increased speed at every touchpoint in the trade lifecycle.

EquiLend offers a true T+1 solution to connect, automate, simplify and expedite all elements of the trade lifecycle.

Countdown to T+1 in the U.S.

Days

Hours

Minutes

Seconds

In a recent research study, Citi found that 64% of market participants are looking to upgrade or replace their technology platforms, followed by 55% who are focused on automating internal
processes in preparation for T+1.

Connect with your counterparty more easily across our interconnected solutions from execution to settlement and data reporting.

T+1-Ready Solutions

Execution of trades for faster settlement with NGT, and access a real-time market view with Competitive Bid

NEW Risk Resolution Suite (R₂S) combines EquiLend’s Recalls, Returns and Settlement Monitor solutions housed within a single UI suite enabling users to gain efficiency across key PTS lifecycle events and maintain T+1 compliance

Identify threats to settlement with Settlement Monitor and manage risk and penalty fees centrally
Automatically connect to Recalls or Returns and choose to automate or have active control with bespoke rules to execute and agree Recalls and Returns in real time

Execute seamless collateral agreements and mobilize tri-party collateral cover with EquiLend Exposure

Reconciliations will be eliminated for users of EquiLend 1Source, the DLT-based source of truth for the securities finance industry, in support of timely settlement

Benefits

Our suite of T+1-ready solutions deliver faster execution in line with the expectations of T+1, leveraging existing EquiLend connectivity.

Reduce latency and improve accuracy across the full trade lifecycle with workflows and exceptions management

Multiple opportunities to connect to EquiLend T+1 solutions: via user interface on platform, via SFTP with multiple file types supported and via API

Reduction in manual processing with greater opportunities for automation across the board

Increased trade-level transparency for both sides with real-time data

T+1 Insight

1Source: Reconciliations and Transaction Breaks a Thing of the Past? As Featured in Securities Finance Times

In today’s Securities Finance Times RMA issue, EquiLend’s Ken DeGiglio, Chief Information Officer, reflects on the journey of EquiLend’s transformative 1Source initiative and the efficiencies it’s bringing to the marketplace by eliminating reconciliations for securities lending transactions.

EquiLend’s Mantle on How T+1 is Being Managed: Finadium

EquiLend’s Gabi Mantle, Head of Post-Trade Solutions, sat down with Finadium to discuss the imminent launch of T+1 and how firms are gearing up for the change ahead of May 2024.

Are We Ready for the Future Now? Going Beyond T+1: Global Investor Securities Finance Americas Guide 2023

In a recent interview with Global Investor Group, EquiLend’s Gabi Mantle, Head of Post-Trade Solutions, reflects on the proposed SEC 10c-1 rule and the move to T+1 settlement while highlighting EquiLend’s complete T+1 solution, designed to increase speed at every touchpoint throughout the entire trade lifecycle with increased automation across the board.

T+1: Large Scale Progress Requires Ambitious Solutions

In our latest analytical piece, we unpack the shift to T+1 settlement in the U.S. and Canada and how EquiLend’s ready to support the move with our robust suite of flexible and interoperable solutions.

The EquiLend Ecosystem: Forming Connections Through Solutions

EquiLend’s Kevin McNulty, Head of RegTech Solutions, sat down with Securities Finance Times to reflect on current challenges faced by market participants and how EquiLend is meeting these concerns with solutions.

SEC Adopts T+1 Settlement Effective May 2024 – Will you be ready for T+1 a year from now?

EquiLend offers a complete T+1 solution designed to connect, automate, simplify and expedite all elements of the trade lifecycle. From trade execution to prematching, recalls, returns and settlement, EquiLend has you covered with increased speed at every touchpoint.

Powering Progress in Financial Institutions: Securities Finance Times Technology Annual

EquiLend’s Emily Hollyoake, Head of CRM EMEA, discusses the value chain of EquiLend’s interconnected ecosystem of solutions, with our 1Source initiative sitting at the focal point as the single source of truth for the industry.