The Taskforce on Climate-Related Financial Disclosures (TCFD) has developed recommendations for more effective climate-related disclosures, which have subsequently been adopted as the de-facto standard for reporting climate-related information.

Capco has undertaken a high-level review of 33 banks globally who have committed to producing disclosures aligned to TCFD. This paper assesses each of the banks’ climate-related reporting against six key criteria.

This paper discusses how banks can prepare for future technological innovations, with a focus on the post-trade process where we see most of the ongoing and planned activities taking place. We also present an outlook into the coming years and opportunities in securities processing, highlight where and how modern technologies and services can be used to perfect processes, and examine new products that are ‘thinkable’ in banking.