This Week: SS&C unveils T+1 preparedness scorecard; S&P/DTCC; SmartStream & more
A summary of the latest financial technology news.
SS&C Technologies has rolled a T+1 preparedness scorecard.
In May, the US, Canada, and Mexico will move from a trade-data-plus-two-days (T+2) settlement cycle to T+1. The aim of the scorecard is to help existing users of SS&C’s Trade Matching & Settlements platform to get ready for that shift, Parthiv Patel, managing director of middle office services for SS&C Technologies, tells WatersTechnology.
“Many clients already have electronic matching, but there is still a lot of confusion about how to
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