UK accelerated settlement - Market survey key findings

How ready is the global finance community for the transition to T+1 settlement in the UK?

To find out, Euroclear, in collaboration with the UK Accelerated Settlement Taskforce, The Depository Trust & Clearing Corporation and industry associations around the world, has commissioned the agency ValueExchange to conduct a market survey.

Drawing on insights from financial services professionals worldwide, we obtained statistical insights on where and how the journey towards T+1 in the UK is progressing.

• With 83% of firms actively engaged on T+1, the UK leads the world in preparation Accelerated Settlements.
• 51% of firms have started their T+1 project work by Q1 2026.
• 57% of the buy-side have yet to start development work.

• T+1’s expected impact is reducing – but beyond settlements, T+1’s impact on the wider trade cycle is becoming clearer.
• 56% of firms in APAC expect T+1 to significantly impact them.
• British firms expect their work from 2024 to help them in 5 of 9 key areas.
• 89% of fund managers are planning to change their fund dealing cycle as a result of T+1 in the UK.
• 51% of firms have already automated settlement instruction processing, but less than half of firms plan to be live with Pre-Settled Status (PSET) and partials soon.