Accelerating settlement cycles to T+1 and beyond improves efficiency, liquidity, and risk reduction across financial markets while preparing firms for future regulatory and market changes. High volumes of failed trades highlight the cost of slow, fragmented processes, while thousands of banks must modernize systems to meet ISO 20022 requirements or risk payment disruptions. Process redesign is often a bottleneck, with many IT leaders citing difficulty in agreeing on changes. Rethinking and orchestrating end-to-end processes enables firms to adapt faster, meet regulatory deadlines, reduce settlement risk, and maintain a competitive edge in an increasingly time-sensitive financial environment.

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