Adam Cottingham, Head of Asset Servicing, Smartstream
The shift towards implementation of a T+1 settlement cycle is underway. That means brokers, banks and asset managers should act promptly to prepare for the shortened time frame for clearing securities trades. The corporate actions operation is a key part of this process.
Adam Cottingham, Head of Asset Servicing, Smartstream Technologies, sat down with SmartBrief, to discuss the changes that T+1 settlement will bring to corporate actions. In this interview, he examines the operational and infrastructural compression that will occur, the ways that wider market practices will shift because of T+1, the challenges that will arise for manual processes, and what steps need to be taken now to prepare for the transition.
