Capgemini has been part of the successful implementation of T+1 settlement in the US and Canada in May 2024.This has set a new benchmark for the financial industry, showcasing significant improvements in allocation, confirmation, fail rates, and clearing funds. This transition, particularly for the US market, has been in progress for two years and now serves as a model for other regions. The UK and Europe are anticipated to follow suit, aiming for T+1 settlement between 2027 and 2028. This shift presents substantial opportunities to recalibrate operating models, develop robust exception management processes, enhance client and product data management, modernize legacy technology, and upgrade inefficient backend processing systems by eliminating batch cycles. Capgemini's accelerated settlement solution can address key priority areas, including the optimization of exception management processes, reduction or elimination of batch cycles, and remediation of static client and product data. By leveraging the solution that assisted by AWS's advanced cloud capabilities, financial institutions can achieve greater efficiency, accuracy, and speed in their settlement processes, paving the way for a smoother transition to T+1 settlement across global markets.