Target2Securities


ECB targets new RTGS platform

The European Central Bank’s (ECB’s) governing council will decide by the end of this year whether to greenlight a new real-time gross settlement (RTGS) system to replace the decade-old Target2 platform.

Eurosystem updates infrastructure Vision

The European Central Bank has outlined its plans to consolidate the Target2 and Target2Securities (T2S) platforms, introduce a new European-wide instant payments platform by November 2017 and develop a new collateral management system. The Eurosystem’s “Vision 2020” plans were outlined by Yves Mersch, a member of the executive board at the ECB, at Sibos 2016.

Standard Chartered explores blockchain viability

Standard Chartered has compiled a report questioning whether blockchain could disrupt the European Central Bank’s (ECB) Target2Securities (T2S) project. T2S aims to standardise European cross-border trade settlement by integrating securities and cash accounts onto a single IT platform. Not only blockchain could play a material role in this project, some analysts suggest, but it could […]