The global post-trade industry enters a new phase of transformation driven by digital assets and AI, according to the latest “evolution of CITI’s Securities Services.”
The bank’s fifth annual survey, which gathered input from 537 market participants including custodians, broker-dealers and asset managers, highlighted how tokenization, accelerated repairs and AI-driven automation were repairing trade processing.
Citi estimates that by 2030, 10% of the market turnover can be carried out through tokenized assets. The report points to the stablecoins released by the bank as the main enabler, which contributes to the efficiency of collateral and tokenization of the fund. Asia-Pacific is already leading the adoption, thanks to a strong crypto retail interest and regulatory support for digital properties.
The use of AI will drive more efficiency in the post-trade, the report reports. Some 86% of surveyed companies say they are trying technology for client onboarding as the main case of use for asset managers, custodians and broker-dealers. An additional 57% indicates that their organizations are piloting technology for post-trade specifically.
Speed and automation are a priority, Citi said, as the post-trade industry faced the integrated transfer workload to T+1, a common settlement for security transactions where trade was fixed one business day after the trade date.
“From accelerated organizations to asset service, and increased shareholder participation and management, the collective perspective of companies around the world is converting the same basic themes. The industry is at the cusp of significant changes as market participants intensify their focus on T+1, accelerate the digitals of the T+1. Genai was implemented in their operations, “said Chris Cox, head of investor services, Citi.
