SIA-Colt Wins Monte Titoli T2S Connection Mandate

milan-3
Monte Titoli is headquartered in Milan, Italy.

Monte Titoli, owned by the London Stock Exchange Group (LSE), will connect to T2S in June 2015, being the largest CSD to do so in the first wave. T2S is a project that will settle most securities in central bank money within the Eurozone. Overseen by the European Central Bank (ECB), it will be managed by the Spanish, French, Italian and German central banks.

SIA-Colt, along with Swift, have been awarded network service provider licenses to connect firms to T2S. Both have recently completed the European Network Acceptance Test, seen as a critical milestone in the project.

"With this significant success within T2S, we are proud to strengthen our collaboration with SIA," says Hugh Cumberland, financial services solutions manager at Colt. "Colt's consolidated experience in the financial industry, its international network and long-time relationship with LSE, have been fundamental to the connection of Monte Titoli to T2S."

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here