Euroclear Finland agrees with clients on longer testing period
Euroclear Finland announces review of Infinity platform timetable.
Euroclear Finland announces that it has agreed with market participants to review the development path for its securities processing infrastructure, known as Infinity.
While this analysis is being conducted, Euroclear Finland agreed to reschedule the second phase Infinity’s release, previously scheduled for 14 November 2016.
The new timetable, to be completed in the coming weeks, will allow participants adequate time to fully test the new functionality, helping to ensure a safe and stable transition to the new infrastructure for Finland.
Euroclear remains committed to its significant multi-year investment to substantially improve the post-trade infrastructure in the Finnish market and remains on track for Euroclear Finland’s migration to TARGET2-Securities (T2S). As such, we continue to enhance our CSD service to accommodate the rapidly changing needs of our clients.