Navigating U.S. T+1 Settlement for Buy-Side firms

Navigating U.S. T+1 Settlement for Buy-Side firms

1 Nov 2023

DTCC T+1 Reading Materials

The U.S. will transition to T+1 settlement for transactions in U.S. cash equities, corporate debt and unit investment trusts effective 28 May 2024. Shortening the settlement cycle aims to create more efficient markets that serve investors better and the potential benefits are tremendous. However, changes to operations, processes and systems are essential to operate in a T+1 structure – in addition to considering time zones differences for non-U.S. investors.

Join us for a thought-provoking session on navigating the challenges of transiting to T+1. Hear from the distinguished expert and panel of speakers on how technology will play an enabling role in helping buy-side firms meet the tight settlement deadline, the regional considerations that will impact buy-side firms and lessons learnt from previous accelerated cycles.

Programme summary is as follows:

Time Programme
09:30am – 10:00am Registration
Light Refreshments
10:00am – 10:05am Welcome Remarks
Thomas Kaegi, Chairman of IMAS Development Committee
10:05am – 11:00am 

Presentation (15 mins):
Advancing to T+1 Readiness
Joseph Capablanca, Executive Director, Head of Relationship and Account Management, APAC, DTCC

Panel Discussion (40 mins):
How does T+1 impact buy-side firms?

The countdown timer to T+1 implementation in the U.S. has set off. Buy-side firms trading in U.S. securities will have less than a year to get their systems, processes, and resources ready to operate in a T+1 world come 28 May 2024.

Aside from discussing how technology will play a key enabling role in helping firms meet the tight settlement deadline, this panel will also delve into the regional considerations that will impact buy-side firms and experiences learned from previous accelerated
settlement cycles.

Panelists:

  • Nellie Dagdag, Managing Director, APAC Marketing & Communications, DTCC
  • Edmund Lee, Head of Operations, Fullerton Fund Management
  • Tan Ying Ying, Global Head of Product, Standard Chartered Bank

Moderator:   

  • Igor Evangelij, Principal and Head of Sentinel Asia, Mercer
11:00am – 11:15am Q&A
11:15am onward Closing Remark & Networking

Event Details

Date: Wednesday, 1 November 2023

Time: 9:30am – 12:00pm (SGT)

Location: Standard Chartered Bank
8 Marina Boulevard
Marina Bay Financial Centre Tower 1, Level 21
Singapore 018981

Presentation slide

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