Source: European Central Bank (video statements)
Focus Session – TARGET Services: A glance into the future
Welcome address
The go-live of the Eurosystem Collateral Management System (ECMS) on 16 June 2025 adds the final piece of the Eurosystem’s puzzle to create a more integrated and innovative European financial infrastructure, as outlined in 2015. Learn more about where we stand today and where we are heading to as we take a glance into future initiatives regarding the TARGET Services.
Ulrich Bindseil, Director General, Market Infrastructure and Payments, ECB