2027 Asset Management Broker 
The TRADE
FEBRUARY 9, 2024
In the current state with T+2 you have 48 hours to execute a security trade, match that trade with brokers, execute the FX and get everything settled. Jumping ahead in time, covid-19 was another external factor which put a lot of pressure on asset managers in terms of how and where work was being done.
The TRADE
JUNE 21, 2024
The current timeline for the UK appears to include a plan being put in place in 2025 with the implementation of a T+1 settlement cycle in UK occurring no later than 31 December 2027. European asset managers moved staff to the US to manage foreign currency risks during the US 4PM to 6PM time zone rather than late at night in Europe.”
The TRADE
DECEMBER 20, 2024
This conversation is especially relevant as cross-border transactions grow in volume and as asset managers expand their investment in international markets. The UK has outlined a roadmap targeting Q4 2027, but despite ample time to prepare, significant actions are likely to commence soon.
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