Mercier, Fabien; Sauer, Stephan - European Central Bank - 2013
T2S is the single and harmonised IT platform for securities settlement in central bank money developed by the … Eurosystem to promote integration in the European post-trading industry, and will go live in 2015. CSDs joining T2S are thus … infrastructure, human resources and business strategy to T2S. A more complete reshaping entails higher immediate fixed costs, but …