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A FIRESIDE CHAT SERIES IN PARTNERSHIP WITH

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The Harmonisation of Corporate Actions triggered by AMI-SeCo and ECMS

The ECMS & SCoRE

In October 2020, the Governing Council of the ECB decided to extend the duration of the ECMS project by 12 months, and the new scheduled-to-go-live date is November 2023.

The aim of harmonisation is "to reduce existing differences and complexity in the processing" as stated in the Corporate Actions "Single Collateral Management Rulebook for Europe (SCoRE)", published by the Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo). This harmonisation initiative goes along with the ECMS project and was originally focusing its 15 standards purely on collateral management, i.e. it was limited to debt instruments and selected event types. However, the importance of the standards is now growing far beyond its original purpose, radiating to the entire value chain of securities processing until November 2023.

The ECMS and SCoRE are related, as SCoRE will also lay down harmonised collateral management processes that will be used by ECMS participants.

 

Why is the industry – despite all the harmonisation initiatives in the past – still not fully aligned? Join us for an unmissable fireside series as we sit down with industry leaders to get an insider view and explore this further, as well as what the industry can expect ahead of the go-live date:

The Experts

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AIRING 2 DECEMBER | 12PM CET

Episode

one

02

AIRING 20 JANUARY | 12PM CET

Episode

two

03

AIRING 9 FEBRUARY | 12PM CET

Episode

three

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Friedrich Lengauer

Leading Software Analyst | SDS

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Thorsten Besemer

Securities Leader | Change Management and Regulatory Watch | BNP PARIBAS

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TBC

TBC | SDS

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TBC

TBC | TBC

Susanna Scheffold

Head of SDS Product Management | SDS

Martin Nadel

Member | COLLATERAL MANAGEMENT HARMONISATION TASK FORCE

 

FREE registration

 

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About SDS

SDS is continuously setting digital standards in financial market operations, regulations and compliance solutions for the international financial industry. The comprehensive SDS portfolio covers state-of-the-future products and services for all customer and market-related processes, ranging from global securities and derivate processing, regulatory, tax and compliance automation, solution-based consulting, professional testing services to managed services. More than 3,000 financial institutions worldwide with over 10,000 users in +80 countries trust in SDS and its sustainable business values. With our proven industry experience of over 4 decades, we have become a highly trusted and equally reliable partner of renowned financial institutions all over the world. SDS is Member of Deutsche Telekom, one of the world’s leading providers of information and communications technology. www.sds.at