Today, capital markets firms in North America are mobilizing their efforts for the transition to T+1 settlement in 2024. With this deadline quickly approaching, any firm that hasn’t yet launched its T+1 program, should do so as a matter of urgency: a point we stressed in a previous blog where we drew insights from our…

The move to a T+1 settlement cycle in the US capital markets is now less than two years away. Currently being expected for Q3 of 2024, it’s a profound change that will see trades across several equity and fixed income products switch to next-day delivery of the related cash or securities. However, being aware T+1…

In early 2021, an army of amateur investors sent shockwaves around Wall Street. Coordinating themselves over the social media site Reddit, they ramped up the share price of the video game retailer GameStop, leaving several financial institutions nursing losses.¹ This sequence of events was regarded as a landmark moment for capital markets. It dramatically illustrated…

The future of work in Capital Markets will likely involve a flexible blend of remote and on-premises working. In fact, Accenture’s Future of Work Study 2021 found that 83% of workers from across the economy regard a hybrid model as the optimal approach for the future. Navigating this shift successfully also means striking a fine…

Today, capital markets players are seeing rapid increases in trading volumes, market volatility, and in the demand for real-time, cross-portfolio risk analytics and regulatory reporting. Together, these trends are intensifying the urgency of moving away from rather inflexible, cost-laden on-premise infrastructures towards high-performance compute (HPC) infrastructures on Cloud which are capable of executing increasingly heavy…

In today’s volatile post-pandemic environment, the possibility that a counterparty may default is one of the biggest risks that investment banks need to manage. This reality was underlined in April by the large losses incurred by some industry players during the collapse of Archegos Capital, totaling to around $10bn in a matter of days.[1] Those players…