Accelerated Settlement Cycles in Europe: An Overview

APIs and low-code/no-code enabled systems can help banks to leapfrog into real-time post-trade processing.

Speed, certainty and savings will all be better realised if middle- and back-offices are set up to support digital assets.

The settlement cycle evolution will demand a more flexible, modern middle office.

Real-time, event-driven processing technology has underpinned the front-office for many years, indeed decades, but many other parts of capital markets including risk management, continues to rely on batch-driven processing.

Ten years feels like a lifetime in financial technology. When we founded Torstone in 2011, the sell-side’s main focus was investment in the front office, largely leaving back-office functions to gather dust. We saw a problem that needed to be addressed,…