VPs clients confirm their readiness to T2S
As part of the preparations for the migration to T2S, all clients have been asked to formally confirm their readiness to T2S. VP is excited to announce that both the clients of VP and VP LUX have confirmed their readiness.
On 8 June, we announced that an important milestone was reached, as the T2S Community Test was completed with more than three month to go before the actual migration. Since then, clients have been able to perform additional testing of their own needs.
In order to ensure a safe migration, VP have asked all clients to confirm their readiness by submitting a readiness statement by 3 August. We are pleased to see that the community has confirmed their readiness, and we would like to thank everyone for a smooth collaboration during this project.
Lastly, we would like to announce that the final pre-migration activities for the CSDs - including VP SECURITIES and VP LUX - migrating to T2S 12 September has been successfully completed. This underpins the readiness of all parties taking part in this migration.
Kristoffer Kjelsø Sønderlev
Head of Custody & Settlement Products
With Euronext Securities on T2S you achieve a single point of access to Nordic and European distribution and settlement