Increased settlement fails inevitable with US T+1 migration – Meritsoft
Daniel Carpenter, chief executive of Meritsoft, said: “One of the issues banks will face under T+1 is how to consolidate and normalise their settlement fails into one place so that any associated costs can be accurately reconciled.
Existing Subscriber?
If you are an existing subscriber please sign in to read this article in full.
Sign InSign up for a free trial
Take a complimentary trial to the FOW Marketing Intelligence Platform and gain access to a wealth of news, analysis and data across the Asset Management, Securities Finance, Custody, Fund Services and Derivatives markets.
Sign up for a free trial
