The development of sometimes dramatic changes occurring over the next several years in front office processing, market data dissemination, capacity requirements, and market data vendors will have potential for material impact on T+1, with regard to resources, planning, and overall timing. Front office function and responsibility will expand to include all the information required to decide upon and execute a trade in T+1. Regulatory requirements are contributing to the need for front office systems with integrated functionality for order capture, routing, trade management, and market data. As market data and other front office functions merge, vendors will offer hybrid services and products such as intelligent order routing. Market data will no longer be treated as an isolated component of the front office.