09:50 AM EDT, 03/13/2024 (MT Newswires) -- S&P Global's ( SPGI ) Market Intelligence division said Wednesday that it is planning a collaboration with DTCC to provide support to clients impacted by the upcoming T+1 settlement cycle in the US.

The organizations intend to link S&P Global Market Intelligence's Onboarding Accelerator platform with DTCC's Alert to allow the platform's users to inquire about the status of critical standing settlement instructions reference data for a specific account and market directly within S&P Global Market Intelligence.

Linking the services will support the T+1 settlement cycle as there will be "less trade breaks and settlement fails and increased efficiency" since users can ask for the status of standing settlement instructions when they open an account or at any stage of the trade's lifecycle, S&P Global Market Intelligence said.

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