Webinar: Global settlements research – Late cash settlements plague the funds industry

ON DEMAND

Large parts of the world’s fund industry are struggling to contain the impact of late cash settlements in their fund transactions. The effects range from unwanted credit exposures and time-consuming and costly administrative burdens to damaged client relationships. 

The survey exposes the need for more automation of trade to cash settlement processing – and in the updating of trade registers.

These are some of the findings of a survey conducted by Calastone of 51 leading investment managers and fund distributors in the UK, Europe, Australasia and Asia. 

Key headlines include:

  • 100% of firms have to intervene manually in the cash settlement process
  • Manual processing is the primary risk in the cash settlement process – 59%
  • Late payments significantly affect client service – 59%

Download the on demand webinar to get a full view of the survey findings and a copy of the report.

SPEAKER

Enrique Rica-Escuder

Product Manager
Calastone