VIDEO | While the adoption of the unique transaction identifier (UTI) may not have gone as far as some desired, this panel in the PostTrade 360° Amsterdam conference was univocally enthusiastic about the value. Cutting time out of error-seeking and reconciliations is one benefit, the enabling of automation another.
“If one of 20 of your phone call would fail, you would change providers,” said Swift’s Simon Daniel, moderating Thursday’s panel discussion on the UTI – with a parallel to today’s frequency of trade settlement failure rates. .
The panel session, titled “UTI the catalyst for settlement consensus”, also featured
Matthew Johnson, Director, DTCC,
Bill Meenaghan, CEO, Founder, SSImple & Member of UK’s Accelerated Settlement Taskforce, and Mark Joyce, Senior Vice President Operations, The Citco Group Limited.
Subscribers-only content
Check out what other content you have – or would like?
• Our news posts from PostTrade 360° Amsterdam 2023, on 30 November, and previous years, are gathered here.
• The conference info site, with detailed agenda, is here.
• For post-event access to recorded sessions, find them listed here. To see them, you need to be logged in, and have picked up the free content pass. Sounds tricky but just follow the links!
• By the way … are we connected on LinkedIn already? Follow us here.
