Given that this Conference is now in its 7th year, I wonder whether hitherto you have only been deliberating about “present proofing” of employees. Given the enormous challenges that the banking profession has countered over the last few years, I can’t fault you for doing so.
However, going live requires more than just the Eurosystem being ready; we also need the migrating communities to be ready. The first T2S migration wave was to include five securities depositories and their communities: Bank of Greece Securities Settlement System (BOGS), Depozitarul Central (Romania), Malta Stock Exchange, Monte Titoli (Italy) and SIX SIS (Switzerland).