Meritsoft, a Cognizant company

Earlier this year, the Financial Conduct Authority published a Policy Statement introducing new rules on payment optionality for investment research. In November, these freedoms were extended to cover pooled investment funds, alternative investment funds and UCITS funds. But will this greater flexibility really provide the best of both worlds for market participants?   Read more from our CSA Product lead James Cookson in this opinion piece for Investment Week. To learn more about how Meritsoft can help you optimise your research compliance operations visit our website: https://bit.ly/4eSu6Pr #mifidii #investmentresearch #posttrade

In a letter to the Financial Times our CEO Daniel Carpenter responds to the latest updates from the European Securities and Markets Authority (ESMA) suggesting October 2027 as the optimal transition date for T+1 in Europe. In his letter, Daniel emphasises the importance of avoiding the short-term tactical solutions seen with previous settlement rule changes such as CSDR penalties. Instead, he advocates for the implementation of AI-enhanced tools that offer predictive capabilities to identify and resolve at-risk-of-failing trades. With a proposed timeline in place, firms should leverage these advanced technologies to better manage operational activities for failed trades and, crucially, to reduce the total volume of fails and the associated costs. Such proactive measures will ensure greater efficiency and sustainability in trade settlement operations as market participants prepare for the shorter settlement cycle in Europe and continue to adapt to the changes in North America. Read the full letter here: https://bit.ly/3Z4IMVU Learn more about how our AI-enabled TTEM tool can help drive efficiency in your settlement operations by reaching out to us at MeritsoftCapMarkets@Cognizant.com.

Earlier this week, the European Securities and Markets Authority (ESMA) released its Final Report stating that the EU transition to a T+1 settlement cycle should take place in October 2027, pushing for the same timing as the UK. This change aims to enhance efficiencies, reduce risks, and align with global standards. However, the transition is more complex in Europe due to CSDR and existing operational challenges. With the timeline now set, market participants in Europe should use the next two years to proactively implement solutions that enable them to better handle operational activity for failed trades and reduce the total volume of fails altogether. Meritsoft, a Cognizant company's CEO Daniel Carpenter shares his thoughts with A-Team Insight, from A-Team Group in this recent article: https://bit.ly/3UV1JsP Get in touch to find out how we can help bring greater efficiencies to your settlement operations: MeritsoftCapMarkets@Cognizant.com. #settlementfails #CSDR #posttrade #automation

We're pleased to be taking part again in 2025!

Great to see our CEO Daniel Carpenter sharing his thoughts on recent T+1 developments with Michael (Miša) Klimeš for The Banker. As confirmed in its Final Report yesterday, European Securities and Markets Authority (ESMA) is calling for October 2027 as the optimal transition date for Europe. While this would mean coordination with the UK, a European switch brings about other complexities that firms must prioritise first. Read the full piece here: https://bit.ly/48TOVIV

We're delighted to have you on board, Mark!

Taskize recently attended OPTIC 2024, AFME (Association for Financial Markets in Europe)’s annual Operations, Post-Trade, Technology & Innovation conference.    Our team on the ground were Tara Costello (Sales Specialist), Simon Gibbs (Head of Partnerships), and Miles Trueman (Business Development Manager), pictured here with Daniel Carpenter, CEO of Taskize integration partner Meritsoft, a Cognizant company.    They discussed how Taskize is transforming post-trade operations in capital markets by enhancing efficiency and collaboration.   The team also gained valuable industry insights, including the roadmap for scaling DLT-based capital markets, highlighted by a thought-provoking panel featuring Philippe Laurensy from Taskize's parent company, Euroclear.   #OPTIC2024 #PostTrade #CapitalMarkets #Taskize #Fintech #DLT #Innovation

It was a bustling first day at AFME (Association for Financial Markets in Europe) OPTIC yesterday! We had some great discussions on a myriad of topics, ranging from policymakers' priorities to secure Europe’s position in the global capital markets, delving into the current state of clearing, reviewing CSDR, assessing the impact of T+1, exploring preparation strategies for shorter settlement cycles in Europe and the upcoming DORA regulation. The team was kept busy at our booth with numerous conversations on the power of data, automation, and industry collaboration and the ways in which we can help address many of the key post-trade challenges faced by the industry. We are now midway through day 2, with much more insight and dialogue to come. #OPTIC2024 #PostTrade #CSDR #Tplus1 #SettlementEfficiency #Meritsoft

We are thrilled to announce the launch of our powerful new asset servicing claims management solution, built on our leading API-first next generation platform. Claims management processes in asset servicing have long been manually intensive, leading to inefficiencies and longer settlement times. Now, with our innovative solution, automation will transform the intricate challenges of coupon and dividend claims processing. Developed with over two decades of industry expertise, our cutting-edge platform is designed to streamline your claims operations, making them more cost- and time-efficient. 👉 Learn more about the capabilities of our revolutionary new platform here: bit.ly/3TPyqr9 📧 Reach out to discover how we can help transform your asset servicing claims operations: MeritsoftCapMarkets@Cognizant.com. #claimsmanagement #posttrade #assetservicing #automation #fintech

If you're attending the AFME (Association for Financial Markets in Europe) OPTIC conference in London next week, don't miss the panel on ‘Using Technology to Deliver T+1’ with our CEO, Daniel Carpenter. He will join fellow experts to explore how technology can enhance settlement efficiency, the impact new technologies such as AI can have on reducing fails, insights from the US experience, the EU approach, and more. Mark your calendars for this important discussion: 📅 Wednesday, 2nd October 🕓 4:15 PM 📍 Be sure to drop by the Meritsoft, a Cognizant company booth where Martin Loxley, David Starkins, and Ian Morris will be pleased to update you on latest innovations in our post-trade automation solutions. 📧 Email MeritsoftCapMarkets@Cognizant.com to arrange a time to meet. 🔗 Click here for more about the event https://bit.ly/3Z3VaXC. We look forward to seeing you there! #OPTIC2024 #posttrade #CSDR #transactiontax #brokerage #settlementefficiency #assetservicing