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Sia, Colt to connect European Central Bank to T2S platform

Monday 8 February 2016 | 11:29 CET | News
European payment technology services provider SIA and network services provider Colt have been awarded a contract to connect the European Central Bank to TARGET2-Securities (T2S), the new centralised European platform for the settlement of domestic and cross-border securities transactions. As part of the deal, the two companies will also provide the ECB with a message processing service based on Intercope's Box Messaging Hub, facilitating the integration of ECB's software to the T2S platform. The ECB is expected to migrate to SIA and Colt's network infrastructure in June. 

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Categories: Fixed
Companies: Colt / SIA
Countries: Europe
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