Key Challenges faced by Asset Managers under US T+1

As anyone in the asset management industry will know, there is a 28th May 2024, implementation date for the move to T+1 settlement for transactions in US cash equities, corporate debt, and unit investment trusts. The transition to a T+1 settlement cycle in the US will have a significant impact on asset management firms.

Read below for more information into the key areas which will be impacted.