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.
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
- Identify threats to settlement with Settlement Monitor and manage risk and penalty fees centrally
- Execute seamless collateral agreements and mobilize tri-party collateral cover with EquiLend Exposure
- Automatically connect to Returns or Recalls and choose to automate or have active control with bespoke rules to execute and agree Returns and Recalls in real time
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
Gabi Mantle
Head of Post-Trade Solutions
+44 203 023 8377
Jim Lailey
Director CRM, North America
+1 (646) 767-4354