Operations + Technology

DEPARTMENTS

The Road to T+1

Firms are already working on T+1, even though testing is more than a year away.

Move over, decimalization. "T+1 is now one of the top projects firms are working on," says John Panchery, vice president and managing director of systems and technology for the Securities Industry Association (SIA). That’s despite the fact that testing, never mind implementation, is still at least a year away.

Firms are starting now because T+1 is technically complicated, like decimalization, and

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