Cecabank participates in the analysis of the impact of the new settlement cycle T+1.
The European financial sector gets ready for a significant transformation with the arrival of the cycle of settlement T+1, that it will enter vigor on 11 October 2027. This standard, that reduces of two to a day the term between the negotiation and the settlement of operations, will demand a great automation, immediate coordination and availability of assets. Cecabank, in collaboration with BME, Deloitte and Inverco, has contributed to a study that analyses the challenges and opportunities of this transition.
The report identifies five key areas that will be seen especially affected: processing of operations, corporate events, treasury, asset management and management documentary. The adjustment will require deep changes in the systems and current processes, with the aim of reducing risks, improve the operational efficiency and strengthen the liquidity of the market. Cecabank reasserts its commitment with the innovation and the accompaniment to its clients in this transformation process.
