TAS Group has been closely following the developments of the new Eurosystem Collateral Management System (ECMS) as it has been doing for the T2 / T2S Consolidation milestone, and is actively helping banks to prepare, especially in managing collateral and treasury funding.
The ECMS, scheduled to go live in November 2022, will replace the existing individual systems of the 19 national central banks that are currently managing assets used as collateral for Eurosystem credit operations.
Our Aquarius Liquidity Management platform already manages the Central Bank’s Pooling Account and will guarantee in the future all the features currently being specified for the ECMS, in synergy with the liquidity management and securities settlement functions already covered by the solution.
Need some expert help with ECMS or T2/T2S Consolidation? Get in touch