ART-84 · Wave 17 · Settlement Discipline · Efficiency KPIs

Settlement Efficiency KPI Aggregator

Aggregates batch-level settlement data into CSDR/T+1-relevant KPIs: settlement rate (graded A–F), fail rate, on-time allocation, SSI golden-source coverage, CSDR penalty cost, buy-in triggered count, and fail-duration distribution. Benchmarked against ESMA 97.5% settlement rate. Part of the settlement-discipline-audit-pack chain.

ESMA Benchmark 97.5% T+1 Industry Target ≥99.5% CSDR Reg. (EU) 909/2014 Art 7 EU T+1 Go-Live 11 Oct 2027
ℹ ESMA BENCHMARK: ~97.5% EU average settlement rate (ESMA CSDR Annual Settlement Efficiency Statistics — verify current edition). T+1 industry ambition: ≥99.5% (ESMA T+1 roadmap Jun 2025, not a regulatory threshold). Grade A ≥99% · B ≥97.5% · C ≥95% · D ≥90% · F <90%.
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Period label
Instructions (enter one per row — leave qty=0 rows blank)
# Settled? Fail Days Penalty (EUR) On-Time Alloc? SSI Golden? Buy-In Triggered?
Settlement Rate
Grade
Fail Rate
vs. ESMA (bps)
On-Time Allocation
SSI Golden Coverage
Total Penalty Cost
Buy-In Triggered
Fail-duration distribution
1 day
2–5 days
6–10 days
>10 days
Benchmark: ~97.5% EU average (ESMA CSDR Annual Settlement Efficiency Statistics — verify current edition) · T+1 industry ambition: ≥99.5% (ESMA T+1 roadmap Jun 2025 — not a regulatory threshold) · T+1 go-live: 11 Oct 2027 (EU/UK/CH coordinated) — verify current. Grading: A ≥99% · B ≥97.5% · C ≥95% · D ≥90% · F <90%.
Instruction detail
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