Citi Securities Services Evolution 2025

Securities Services Evolution 2025 | 7 40% of the world’s market capitalization is undergoing platform transformation Expansion, competition and resilience are front and center in the FMI agenda. But as FMIs navigate the continued growth of retail and ETFs, lead on T+1 respond, prepare for 24/7 operations and drive digital assets, how can they continue to deliver for their participants without compromising platform stability and asset safety during periods of critical transition? 76% of respondents are running T+1 projects in 2025 Efforts to accelerate settlement are no longer limited to one region or market. All markets now require project resources, as firms look to optimize, prepare for and scope out a multitude of T+1 transitions across the globe, starting with Europe in 2027. 10% of market turnover is expected to be conducted using digital assets and tokenized securities by 2030 Digitalization has been embracedwith the Front Office andOperations in the driving seat as firms look to transformboth balance sheets and operating budgets by tokenizing collateral, tokenizing funds and digitizing the private markets. Rather than seeing their roles disrupted, the world’s FMIs look set to underpin this volume growth. 86% of firms are running GenAI pilots in 2025 as the technology enters the mainstream From client onboarding to reconciliations, GenAI is enabling automation across the trade cycle, although regulatory and people challenges continue to slow growth in this evolving technology.