Then, my fellow member of the ECB’s Executive Board, Yves Mersch, will explore the topic with a particular focus on financial market infrastructure. The Eurosystem is always on the lookout for ways to improve the efficiency and lower the costs of its market infrastructure.
It considers how best to respond to and take advantage of technical innovation and meet new user needs, while staying ahead of evolving risks. In this vein, we have initiated strategic reflections on the future of the Eurosystem market infrastructure. We must also be mindful about developments in new technologies and how these might impact the banking business of tomorrow.