Are you preparing for T2/T2S Consolidation?
It’s already one year ago that the ECB’s Governing Council approved the consolidation project, aimed at bringing together the Eurosystem’s T2 and T2S settlement systems into one single infrastructure.
The new consolidated platform will go live in November 2021, adopting a big-bang approach, and will change the way banks and ancillary systems access services for transactions in central bank money.
That’s less than two years for banks to get new systems and processes in place and start testing.
How TAS Group can help:
With our considerable T2/T2S expertise, TAS Group can support you in smoothly navigating the significant transition process. Whether through dedicated workshops where we explain the challenges and expected impacts and help you identify the best approach, or through our consolidation-ready solutions such as Aquarius and Network Gateway. Either way, we give you the right tools so that you are prepared and ready for the new infrastructure.
Together with our partner, KPMG Advisory Services Italy, we’ve created a comprehensive guide to assist banks throughout the project preparation, implementation and roll-out phases, aimed at reducing complexity and risks.
Get in touch with our experts today to see how we can help you successfully manage the consolidation process…with ease.
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