SIA T+1 Conference Shows the Way For the Buy Side
STRAIGHT THROUGH PROCESSING
NEW YORK--The road map for next-day settlement is on the table. Speakers at the Securities Industry Association’s T+1 Settlement Spring conference buy-side forum, held May 18, laid out the upcoming challenges for the investment management industry.
Several common themes arose. First, as many know, technology must create a seamless environment. T+1 will require straight through processing, so systems interoperability is imperative. Second, processes and work habits will have to change to keep up
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