Target 2 Securities (T2S) is the centralised platform for Eurosystem securities settlement come into force in June 2015, causing considerable impact on all market entities, such as Banks, Custodians and CSDs.
T2S eliminates the differences between domestic and cross-border settlements and will lead to the gradual removal of national specifications, thus reducing settlement activities to a mere utility, forcing them to be totally separate from custody functions.
CAD IT offers its own Settlement solution called EasySET with the aim of directly and indirectly supporting Financial Institutions as they strive to adapt to the changes deriving from T2S.
EasySET is a cutting edge platform that totally manages the settlement process and is able to support the management of all the regulations established for markets, counterparties, custodians, ICSDs and CSDs.
EasySET, in its new "T2S" release, originates from CAD IT's decades-long experience in settlement management for bank back offices.