Press Release22 Jan 2024, 04:38 pm
TCS creates Europe's most modern post-trade platform with Euroclear Finland
AI Summary
Tata Consultancy Services (TCS) has enabled Euroclear Finland, the National Central Securities Depository (CSD) of Finland, to integrate its core platform with the European Central Bank’s TARGET2-Securities (T2S) platform, creating one of the most modern and efficient CSD systems in Europe.,
Key Highlights
- TCS creates Europe's most modern post-trade platform
- Easier cross-border settlements for investors in Finnish securities
- Attract more investment into the country and improve access to capital for Finnish issuers
- Simplifying collateral management and improving liquidity for banks
- One of the largest transformation programs in Europe