The UK Fund Trading and Settlement (FTS) project is an industry-led initiative to make fund distribution in the UK more efficient.
The project is supported by a range of firms that represent all parts of the distribution chain, plus the ABI, IA, TISA, WMA, and UKPG.
The key objectives for the project include:
• Increasing efficiency by integrating fund trading, settlement, and reconciliations
• Delivering an improved consumer experience
• Reducing costs and risk
Having successfully completed the first phase, the project has presented its findings to the industry plus set out the proposed direction of travel for 2017. We are inviting firms to join the project as the work shifts to detailed design and implementation.