T+1 will significantly reduce the number of unsettled trades. Approximately $1.8 trillion of outstanding and unsettled trades exist each day. The move T+3 to T+1 will reduce the daily settlement risk in the US by $760 billion. Also, reduction in credit and operational risk and shorten the trade cycle thereby increasing liquidity and hence create new business opportunity.

Several vendors are marketing the "Out-of-the-box" approach as the key to the solution. However, the critical concept here was the "fallacy of the thin-line" – the key is the integration to the complex legacy environment, which is often shown as a thin-line and proves to be budget busters.

In order for an organization to effectively implement its T+1 strategy, it must automate internal trade tasks, streamline operational infrastructure and promote global industry standards.

STP boils down to implementing a conveyer belt/transaction management infrastructure and controls. This involves eliminating multiple-entry of data, analyzing each existing component and integrating them with this infrastructure, and research alternatives to various existing software components.