We are conscious that T2S will have an immense impact on the financial market and it is of key importance for us that the migration goes smoothly. After assessing the status of the platform – its stability and readiness for production mode – I can assure you that it is ready for the migration and launch this coming weekend.
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).