Roughly three months ago I took the stage at the PostTrade360 conference in Stockholm and declared our commitment to building the preferred Nordic Central Securities Depository (CSD) and outlined our roadmap for accomplishing this - also known as the Nordic Transformation Programme.
A single CSD-platform based on the T2S-system, aligned across the Nordics, building on the successful transition already completed and up and running in Finland since 2023.
Together, the Swedish and Finnish markets represent a powerful financial ecosystem - one with significant assets, high settlement efficiency, and a strong client base. By uniting our capabilities, we are creating synergies that will reduce costs, align with European standards, and deliver greater value to our clients - a truly Nordic service offering.
Since my announcement at PostTrade360, things have moved quickly, to say the least.
Our recent gathering in Brussels of both our Finnish and Swedish User Committees was a testament to the power of collaboration. Through open discussions and shared insights, we are shaping a unified vision for the future of post-trade services in the region.
We have laid a strong foundation for the future. Our focus now shifts to execution, with dedicated teams currently being formed and the first deliverables set to begin next year. By 2027, we aim to be in full delivery mode, with technical implementation and client onboarding planned for 2028, and a go-live target of T2S in 2030.
I am also pleased with our continued commitment to transparency and market insight through the release of our annual shareholder report. This report, unique to Euroclear’s role as CSD and our position at the heart of the financial markets, has provided valuable data on investment trends and market developments.
As part of our commitment to innovation, we are investing in data-driven services like Holdings and Transactions API and InvestorInsight, providing actionable ownership insights and foreign ownership data to strengthen governance and enhance shareholders engagement. Digitalisation remains at the core of our strategy, with new tools such as real-time APIs designed to make operations faster, safer, and more transparent.
Euroclear’s role at the heart of the financial markets has never been more vital. We are committed to delivering secure, efficient, and innovative solutions that underpin the trust and stability of the Nordic financial ecosystem. As we move forward, we will continue to engage closely with our clients and stakeholders, ensuring that your voices help guide our transformation journey.
Thank you for your continued partnership and trust in Euroclear. I look forward to another year of progress and shared success.
Hyvää Joulua ja Onnellista Uutta Vuotta! God Jul och Gott Nytt År!
Warm regards,
Hanna Vainio
CEO, Euroclear Sweden and Finland
