The transition to T+1. Time to get started!

Following our recent GFT event in partnership with Genesis Global examining the transition to T+1, Ruth Chambers (Client Partner, GFT) examines the key takeaways including the approach and solutions firms need to navigate this accelerated environment successfully.

12 March 2025

Ruth Chambers

Client Partner

Reading time

4 min

In the context of the UK’s commitment to move to T+1 settlement by October 2027, there is a lot that we can learn from the US in terms of the challenges, opportunities and the technological solutions needed to navigate this accelerated environment successfully.

The key message, echoed across the panel is that enhanced automation will lead to success. It is essential for capital markets firms to start planning their transition to T+1 settlement now. Communication and collaboration across the ecosystem is integral to success. So, whether you are an investment bank, asset manager, institutional investor or a broker-dealer and custodian – now is the time to accelerate your journey.

What are the challenges?

The transition to T+1 settlement presents considerable challenges for financial institutions. The need for expedited trade confirmation, settlement and reconciliation in the shortened timelines places considerable pressure on operational capabilities.

The UK T+1 ‘Code-of-Conduct’ identifies twelve critical actions in four business areas which must be implemented by all market participants to ensure a sustainable transition to T+1.

Firms must guarantee that their systems and processes are equipped to consistently address these actions, achieve T+1 settlement and uphold high standards of settlement efficiency across various asset classes by October 2027.

Where to start?

A short discovery engagement to evaluate existing systems and processes will serve as the foundation for an implementation plan aimed at assisting your organisation in achieving T+1 settlement.

At GFT, we work with our clients to review the existing processes, identify areas for improvement and implement technology changes. We can integrate new vendor solutions or offer bespoke engineering where required. The Genesis Global post trade platform is a great option for firms looking to add a harmonised layer across their existing infrastructure.

Genesis Global Trade Allocation Manager provides a centralised platform for capturing and processing trades across asset classes, markets and entities, enabling firms to accelerate client confirmations and scale their trading activity, whilst minimising operational and regulatory risk.

By leveraging its expertise in technology and engineering and utilising our partner tools, GFT can help capital markets clients effectively prepare for and transition to T+1 settlement, ensuring compliance, efficiency and operational resilience.

Efficient solutions required now

The message from the industry-led task force is clear. 2025 is the time to plan for changes that your organisations will need to make in 2026. So, start talking to your clients, counterparties, vendors and technology partners. GFT has experts on hand, ready to support you. Our solutions provide unparalleled efficiency and are custom-built towards our clients’ requirements and fully integrated with other internal platforms and systems.

October 2027 will be here before we know it, so don’t delay and get started with the transition to T+1 today!