About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Sumitomo Mitsui Trust Asset Management Adopts DTCC’s ITP Services to Support U.S. T+1 Settlement Transition

Subscribe to our newsletter

DTCC has announced that Sumitomo Mitsui Trust Asset Management is utilising its Institutional Trade Processing (ITP) services to enhance trade processing efficiency ahead of the U.S. financial market’s transition to a T+1 settlement cycle on May 28, 2024. The suite includes DTCC’s CTM for central matching, M2i workflow, TradeSuite ID, ALERT, and Settlement Instruction Manager, aiming to fully automate post-trade processes and achieve same-day affirmation (SDA) for APAC region cross-border transactions.

By automating allocation, confirmation, and affirmation, CTM’s M2i workflow and associated services facilitate direct, automated trade affirmations and instruction deliveries for settlement via the U.S. depository, significantly streamlining the management and finality of trade lifecycles. This strategic implementation by Sumitomo Mitsui Trust Asset Management is designed to enhance transaction efficiency and support the broader industry goals of reduced settlement times.

Subscribe to our newsletter

Related content


Recorded Webinar: The emerging structure of the institutional digital assets market

As interest in trading digital assets continues to increase among institutional investors, so too does the need to focus on market structure, regulation and trading solutions. For financial institutions that get it right the rewards will be significant, but it is not necessarily easy and the challenges are many. This webinar will consider how digital...


Tech Trends in Trading: Industry Experts Review 2023 and Look Ahead to 2024

As 2023 draws to a close, it’s time to look back at some of the more interesting trends that have emerged in the trading technology space over the last twelve months, and to take a look ahead at what 2024 might have in store. With this in mind, TradingTech Insight reached out to a group...


TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.


GDPR Handbook

The May 25, 2018 compliance deadline of General Data Protection Regulation (GDPR) is approaching fast, requiring financial institutions to understand what personal data they hold, why they process it, and whether it is shared with other organisations. In line with individuals’ rights under the regulation, they must also provide access to individuals’ personal data and...