Slide 1 De Nederlandsche Bank, 10 October 2007, Amsterdam Annick Roelants, Relationship Manager, SWIFT De NederIandsche Bank information session Target2.

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Presentation transcript:

Slide 1 De Nederlandsche Bank, 10 October 2007, Amsterdam Annick Roelants, Relationship Manager, SWIFT De NederIandsche Bank information session Target2 live e-ordering TARGET2 e-Ordering at SWIFT for HAM users

2 Slovenia SpainMalta PolandPortugalLuxembourg contingencyItalyNetherlandsLithuania ForGreeceIrelandLatvia ReservedECBFranceGermany EstoniaFinlandCyprus DenmarkBelgiumAustria Group 4Group 3Group 2Group 1 Slovenia SpainMalta PolandPortugal contingencyItalyLithuania ForGreeceIrelandLatvia ReservedECBFranceGermany EstoniaFinlandCyprus DenmarkAustria Group 4Group 3Group 2Group 1 DevelopmentsTesting 1234 Migration windows Transition phase LIVE: Group 1: 19/11/2007 Group 2: 18/2/2008 Group 3: 19/5/2008 Cont Group 4: 15/09/2008

3 Migration Timeline Installation & Configuration during April 07 Ordering & Subscription before April 07 latest M1 Testing Group 2 start: 19/06/07 Live Group 2 start: 18/02/08 Q1 Q2 Q3 Q4 Preparation Planning & Design Certification Free testing M2 M3 TARGET2 User Testing Con- nec- tivity Inter- oper- ability Country Busi- ness Day NCB Acceptance testing M4 Q1 Q2

4 Live service: milestones 1. Subscribe to the Live TARGET2 service on swift.com

5 TARGET2 Services registration scenarios  – Support – Ordering – Member Administered Services – TARGET2 service Subscribe to TARGET2 Before subscribing to TARGET2 services, please discuss with your NCB to best determine your needs. Registration to TARGET2 Depending on your participation in TARGET2, you must select the scenario that suits your needs with the table below and fill the corresponding form. Please refer to Guidelines for online ordering by TARGET2 participants and to TARGET2 Frequently Asked Questions.Guidelines for online ordering by TARGET2 participants TARGET2 In all cases you will be subscribed automatically to the Information and Control Module (ICM) based upon SWIFTNet services.

6 Select the appropriate scenario

7 e-MSSF for TARGET2 Service Subscription (1/8)

8 e-MSSF for TARGET2 Service Subscription (2/8) Ordering BIC = Live BIC !! Preferred implementation date = Saturday February 2, 2008

9 e-MSSF for TARGET2 Service Subscription (3/8) DO NOT USE THIS BUTTON – publication taken care of by your National Bank and TARGET2 FLORNL2A Live BIC

10 e-MSSF for TARGET2 Service Subscription (4/8) Only use the “Advanced” button if you want to register specific DNs to the service (e.g. Level 3) Level 2 DN Always MEMBER !!

11 e-MSSF for TARGET2 Service Subscription (5/8) SNL of LIVE-system Live BIC of connection owner If on Hub or Service bureau

12 e-MSSF for TARGET2 Service Subscription (6/8) Always MEMBER !! Recommended to create specific queue (e.g IDEMBEBB_Target2) Only use the “Advanced” button if you want to register specific DNs to the service (e.g. Level 3) Level 2 DN

13 e-MSSF for TARGET2 Service Subscription (7/8) Number of queues to be created Format queue name: bic_name

14 e-MSSF for TARGET2 Service Subscription (8/8)

15 TARGET2 form NCBService Administrator Approval page Approval page Customer Service subscription e-ordering process Validation 3 Ack provisioning FIRST Discuss with your NCB

16 Live service: milestones to achieve 1. Subscribe to the Live TARGET2 service on swift.com 2. Exchange keys with live TARGET2 BIC TRGTXEPM 3. SWIFT activate the TARGET2 services in Live mode on Saturday February 2, 2008 (see MSSF)

17 Support NCB : de Nederlandsche Bank SWIFT Support SSP-forms and SWIFT-forms: Make sure they are CONSISTENT !!!!

18 & & uestions Answers