On May 27 and 28, 2024, the transition to T+1 settlement launched in the U.S., Canada, Mexico and Argentina. Accelerated settlement committees across Europe are advocating for the transition to T+1 by the end of 2027, and in APAC, Australia aims to have concluded consulting on the move by November 2024. For markets, this means a demand for increased speed at every touchpoint in the trade lifecycle.
EquiLend offers a complete T+1 solution to connect, automate, simplify and expedite all elements of the trade lifecycle.
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
NEWRisk Resolution Suite (R2S)combines EquiLend’sRecalls, Returns and Settlement Monitor solutions housed within a single UI suite enabling users to gain efficiency across key PTS lifecycle events and maintainT+1 compliance
Identify threats to settlement with Settlement Monitor and manage risk and penalty fees centrally
Automatically connect to Recalls or Returnsand 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
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 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.
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.
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.
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.
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.
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.