T+2 is a Week Away
Canada, alongside the U.S., Mexico, Peru and Bermuda, will make the move to T+2 on September 5, 2017. Since the decision to move to a shorter two-day settlement cycle, Fundserv has worked closely with the Canadian investment management community, including associations and committees like the CCMA and IFIC, to continue ensuring every trade is processed timely, accurately and securely. As part of this, Fundserv has conducted extensive planning sessions, testing cycles and industry surveys to make sure we are ready for the move to T+2.
For more information or questions about the Fundserv T+2 implementation plan, please contact T2feedback@fundserv.com.