With this exercise, we aim to bring benefits to TARGET2 end users by offering them the state-of-the-art features available in T2S. We are convinced that  BIS central bankers’ speeches  1  increasing the efficiency of our market infrastructure will ultimately support the efficiency of the financial services community.
As an overseer, the Eurosystem needs to arrive at a common understanding of which developments could potentially affect the overseen entities. The digitalisation of the financial industry means that the security requirements for the overseen instruments and infrastructures need to be adapted and enhanced accordingly.