Target2-Securities: Wave Two on Course for Launch as Precursor to Arrival of Euroclear
Focus on learning historic lessons for preparation of second migration wave to pan-European settlement platform.
T2S launched its first migration wave in June last year as the Romanian, Maltese, Swiss and Greek markets joined the European Central Bank (ECB) project to harmonize Europe's securities settlement landscape through a unified platform.
At a BNP Paribas Securities Services event this week, a panel of speakers outlined what has been learned from the first migration wave and where the main challenges lie ahead of wave two on March 28.
"To ensure the migration is a true success, we collectively need
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