Discover the future of financial transactions with T+1 and T+0 settlement cycles! In this insightful interview, Camille Papillard from BNP Paribas Securities Services shares her expertise on the evolving landscape of payments and correspondent banking. Learn how collaboration and standardization are key to achieving faster settlement times across fragmented markets.
Key takeaways:
- T+1 settlement cycle is gaining traction in the US, Canada, EU, UK, and Switzerland.
- Fragmentation in European markets presents challenges for achieving T+1.
- Collaboration across the industry is essential for successful implementation.
- Tokenization is adding complexity but may lead to long-term consolidation.
- Safety and simplicity are priorities for clients in the digital asset space.
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