Focus session (virtual)

9:20

Registration and login

9:30

Practical information

9:30

Welcome address

The new Eurosystem Collateral Management System (ECMS), is part of the Eurosystem TARGET Services and will bring cash, securities and collateral management closer together thus optimising liquidity management in central bank money for market participants in the EU. In this context, the ECMS is the new system set to go live in November 2023. Learn more about the ongoing project and how it will plug into the current and evolving TARGET Services.

• Dimitri Pattyn, Deputy Director General, ECB

9:50

What benefits will the Eurosystem Collateral Management System bring?

Slides

The ECMS replaces the 19 local systems run by national central banks to manage assets used as collateral for Eurosystem credit operations. What new functionalities will ECMS bring? What will change compared to today’s setup?

• Audren Plançon, Senior Expert, ECB

10:15

Connectivity to Eurosystem Single Market Infrastructure Gateway

The Eurosystem Collateral Management System (ECMS) will be accessible through the Eurosystem Single Market Infrastructure Gateway (ESMIG). What do you need to know to connect to ECMS via ESMIG? Learn how to connect from the network service providers.

• Gilles Mary, Banque de France (10 minute presentation)
  Slides
• Stefano Pizzera, SIA (10 minute presentation)
  Slides
• Yves Joosen, SWIFT (10 minute presentation)
  Slides

10:45

Preparing for user testing and migration

Slides

The Eurosystem Collateral Management System (ECMS) will go-live in November 2023. To ensure that everyone is ready on time strategies for testing and migration have been put in place. Where are we today and what needs to be done in the months ahead?

• Manas Manjari Sinha, Expert, ECB

11:15

How ready is the market?

Slides

The ECB conducts regular market readiness surveys. How prepared is the market now? Where is special attention needed?

• Jean-Pierre De Haeck, Team Lead, ECB

11:30

Closing remarks

• Dimitri Pattyn, Deputy Director General, ECB

12:00

End of event

To register for the event, please send an email to mip.events@ecb.europa.eu