Accelerated settlements: T+1 in Switzerland – Q1 2026 key findings
How is Switzerland preparing for T+1 despite a later starting point?

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Based on input from more than 600 market participants, these key findings examine how firms in Switzerland are preparing for T+1. The findings show strong early engagement, but also highlight uneven progress across market segments and readiness timelines.
Switzerland is preparing early
Engagement
Despite a later start, Swiss engagement is already strong.
The market is moving decisively into preparation ahead of the 2027 deadline.
Automation is concentrated in 2027
Delivery
A significant share of build activity is still scheduled close to the deadline.
This makes execution timing an important focus from here.
Recommendations are on track
Implementation
The policy framework is largely expected to be in place before the transition date.
Market operator readiness remains more mixed.
Switzerland is building momentum on T+1 despite a later start. Engagement is already high, but readiness still varies by segment and timetable, particularly as firms move further into execution and testing preparation.
How far has Swiss readiness progressed so far? What does early engagement reveal about the next phase of development, market operator readiness and wider regional dependency?
These key findings draw on input from more than 600 financial services professionals globally. The Switzerland results show a market moving decisively into preparation, while still facing important questions around execution timing, operational build and broader market alignment.
The research, produced in partnership with SIX, highlights:
79% of Swiss firms are actively preparing for T+1
63% expect to complete automation work in 2027
Only 44% of market operators are fully ready as of March 2026
28% of market operators expect to become compliant only in 2027
95% of SwissSPTC recommendations are expected to be implemented before October 2027
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