T+1 and Digital Asset Adoption Reshape Post-Trade Landscape
The shift to T+1 settlement and accelerating digital asset integration are fundamentally transforming post-trade operations. Citi's global survey reveals 41% of market participants now view T+1 as the most consequential market change—a notable increase from 32% in 2023. Asset managers are particularly active, with 76% currently engaged in T+1 initiatives.
Despite North America's May 2024 transition, nearly half of firms continue optimizing processes for cross-border settlements. The Ripple effects extend globally as Europe, Brazil, and potentially APAC markets prepare for their own transitions. Meanwhile, blockchain-based assets are gaining institutional traction as traditional finance seeks efficiency gains through distributed ledger technology.
