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Live TARGET2 service E-ordering at SWIFT. SWIFT. Agenda. Migration Windows. Migration Timeline. TARGET2 live subscription. E-ordering details. E-ordering process. Migration Timeline. 2007. 2008. 2006. Q1. Q2. Q3. Q4. Q1. Q2. M1. M4. Preparation Planning & Design. M2.

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Swift

Live TARGET2serviceE-ordering at SWIFT

SWIFT


Agenda

Agenda

Migration Windows

Migration Timeline

TARGET2 live subscription

E-ordering details

E-ordering process


Migration timeline

Migration Timeline

2007

2008

2006

Q1

Q2

Q3

Q4

Q1

Q2

M1

M4

Preparation

Planning

& Design

M2

LiveGroup 1 start: 19/11/2007

LiveGroup 2 start: 18/2/2008

LiveGroup 3 start: 19/5/2008

M3

Ordering & Subscription

Installation & Configuration

TARGET2 User Testing

NCB

Acceptance

testing

Inter-

oper-

ability

Con-

nec-

tivity

Busi-

ness

Day

Country

Certification - Free testing


Target2 live subscription

TARGET2 live subscription

In order to fulfil all market participants’ needs a wide range of possibilities to join the TARGET2 system is foreseen!

Ways to access the TARGET2 system:

  • Direct participation

  • Multi-addressee access

  • Indirect participation

  • Addressable BICs

www.swift.com

  • Ordering and Support

  • Ordering

  • Existing customers

  • Member Administered Services

  • Subscribe to TARGET2 services


Target2 services subscription

TARGET2 Services subscription

Select an appropriate scenario, depending on the usage of the available TARGET2 modules


E mssf for target2 service subscription 1 7

e-MSSF for TARGET2 Service Subscription (1/7)

TARGET 2 Market Infrastructure:

I subscribe to the Payments Module + Information and Control Module


E mssf for target2 service subscription 2 7

e-MSSF for TARGET2 Service Subscription (2/7)

Ordering BIC = Live BIC

Preferred implementation date = Saturday before respective live date


E mssf for target2 service subscription 3 7

e-MSSF for TARGET2 Service Subscription (3/7)

BIC of your National Central Bank

Live BIC

DO NOT USE THIS BUTTON – publication information: taken care

of by your National Bank and TARGET2


E mssf for target2 service subscription 4 7

e-MSSF for TARGET2 Service Subscription (4/7)

Level 2 DN

Always MEMBER !!

Only use the “Advanced” button if you want to register additional DNs to the service (e.g. Level 3)


E mssf for target2 service subscription 5 7

e-MSSF for TARGET2 Service Subscription (5/7)

Live BIC

SNL of LIVE-system

If on Hub or Service bureau


E mssf for target2 service subscription 6 7

e-MSSF for TARGET2 Service Subscription (6/7)

Level 2 DN

Always MEMBER !!

Only use the “Advanced” button if you want to register additional DN’s (e.g. Level 3)

Recommended to create specific queue for TARGET2


E mssf for target2 service subscription 7 7

e-MSSF for TARGET2 Service Subscription (7/7)


E ordering process

E-ordering process

Customer

NCB

Service Administrator

1

TARGET2

form

Approval

page

Approval

page

www.swift.com

7

2

Validation

5

Ack

6

4

3

8

E-mail

web page

Start of SWIFT provisioning


Live service other milestones

Live service: other milestones

  • Exchange BKE keys with live TARGET2 BIC TRGTXEPM

  • SWIFT will activate the TARGET2 services in Live mode on the Saturday before the respective live dates.


Support

Support

Support

Your NCB

SWIFT

TARGET2 forms and SWIFT forms:

Make sure they are CONSISTENT!!


Swift

uestions

&

Answers


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