2025 Predictions – T+1 in Europe

In the second video of our 2025 predictions series, James Pike, Chief Revenue Officer at Taskize, shares his insights on the upcoming transition to T+1 settlement in Europe and the UK and its implications for the global financial services sector. 

Missed the first video in this series? Catch up with Taskize’s CEO as he shares his perspective on how communication and collaboration are evolving to meet the demands of a rapidly changing market.  

Quick recap 

The transition to T+1, which reduces the time between trade execution and final settlement to one day, is already underway in major financial markets, including the United States, Canada, Mexico, and India, all of which have successfully adopted T+1.  

The European and UK markets are still operating under T+2 settlement cycles, but this is set to change by 2027, when they will also move to T+1. 

Harmonisation: A critical challenge 

While the shift may appear as a simple reduction in settlement time, in this new video interview James emphasises the complexity involved. The tightly interconnected nature of global financial markets makes harmonisation across regions a critical factor: 

“T+1 needs to happen, and it’s going to be one of the biggest changes that Europe has seen.” 

The challenge is exacerbated by the timeline… Whereas the US took two to three years to complete the transition, Europe and the UK aim to achieve this within just two years – a task which requires coordination, innovation and resilience. 

Taskize’s role in enabling T+1 

Taskize is poised to play a pivotal role in this transition: “Our role is one of enablement,” James explains.  

By focusing on collaboration capabilities and query management, Taskize empowers its clients to navigate the challenges of T+1 effectively.  

Our solutions are designed to create efficiency and provide the tools necessary for businesses to thrive in a more tightly coupled market: 

“We see ourselves as being an integral part of that,” James affirms, highlighting Taskize’s commitment to supporting its clients through this transformation.