Accelerated Settlements: T+1 in the EU, UK and Switzerland – Q1 2026 Key Findings

We’re getting closer. How has readiness shifted across the region?

The key kindings from our survey on preparations for T+1 in the EU, UK and Switzerlandprovides the broadest and clearest picture yet of readiness, dependencies and any misalignment.

The research was conducted by The Value Exchange with sponsorship by Clearstream, DTCC, Euroclear, SIX, Swiss SPTC and the UK Accelerated Settlement Taskforce. The Value Exchange also had the support of ISSA, EFAMA, ISITC, ISLA, IA – The Investment Association, AFME, ECSDA, and UK Finance.

Based on feedback from over 600 market participants, the data highlights how the continent is progressing towards T+1.

Key findings for the EU:

• 80% of firms are actively engaged in EU T+1 preparations, up from 65% in Q3 2025
• 63% of firms expect to complete their automation work in 2027 ahead of testing
• Clients, counterparties and custodians are a growing concern for up to 37% of firms

Key findings for Switzerland:

• 79% of firms are actively preparing for T+1 in Switzerland, despite a later start
• 56% of firms in APAC expect T+1 to significantly impact them
• 62% of investors have yet to start development work

Key findings for the UK:

• 83% of firms are actively engaged in the UK move to T+1, up from 66% in Q3 2025, making it the most advanced market in the study
• 57% of the buy-side have yet to start development work
• 67% of respondents do not believe their service provider is ready to support their transition to T+1, remaining a consistent point of concern as first reported in Q3 2025

As we move closer to implementation, discover full details of the key risks, how firms are preparing, and what you should focus on next. You can access the key findings via this link.