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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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Presentation Transcript
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 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!!

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uestions

&

Answers

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