Insights
Will agentic AI end offshore securities services hubs?
Agentic AI is reshaping securities services and challenging the long-standing model of large offshore operations hubs. As global custodians redesign their operating models, they must balance automation with regulatory compliance, cyber resilience, data localisation and human oversight, while enabling faster settlement, lower risk, and more specialised, AI-enabled global capability centres.
What’s next post T+1?
The US, along with Canada, Mexico, Argentina, Peru and Jamaica, successfully migrated from a T+2 settlement cycle to T+1 in late May, joining India and China as trailblazers in settling trades just one business day after transaction. The total stock market capitalisation of these eight countries combined accounts for over 60% of the global market. This not only spurs other markets to expedite their own transitions to T+1, but also sparkles interest in looking for ways to slash the settlement cycle further.
Countdown to T+1
Finance firms worldwide are waking up to implications of T+1 settlement and most are unprepared for the conversion.