ECB final migration to TARGET2

20 May 2008

With the third migration TARGET2 has now fully replaced the decentralised technical platforms.

With the third migration TARGET2 has fully replaced the decentralised technical platforms.The final migration group comprised five national central banks and the respective TARGET user communities as well as the ECB.

 

TARGET2 was launched on 19 November 2007, and is run by the Eurosystem under the responsibility of the Governing Council of the ECB. Three Eurosystem central banks – the Banca d’Italia, the Banque de France and the Deutsche Bundesbank – jointly provide the single technical infrastructure, called the single shared platform (SSP) of TARGET2, and operate it on behalf of the Eurosystem.

 

Press release

 

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