FTSE Mondo Visione Exchanges Index:
Testing for T2S with Allied Testing
TARGET2-Securities (T2S) is a new post-trade, delivery-versus-payment settlement system for Europe developed by the European Central Bank (ECB). Settlement using T2S will be less expensive and more flexible than national settlement systems. The ECB’s T2S program includes new settlement logic, new communications protocols, new regulatory requirements and the centralised system service in which European-wide settlements will occur. Allied Testing is a quality assurance (QA) and testing company with special focus on financial systems and capital markets. We have testing staff with the required knowledge and understanding of T2S who will use our T2S-specific libraries and in-house tools to test readiness and compliance for T2S settlement. Working with Allied Testing will reduce the time spent on testing, the cost of the testing, and ensure that systems work as required.