Documentation & FAQs
In October 2020, the Governing Council of the
ECB decided to extend the duration of the ECMS project by 12 months. It is now scheduled to go live in November 2023. In this context, the Eurosystem has published an updated list of milestones relevant to the ECMS Community Readiness Monitoring in Januar 2021.
Business Description Document for the ECMS
In version 1.1 of the Business Description Document for the ECMS, we introduce the functions and properties of the ECMS to our counterparties and thereby support stake-holders in their go-live preparations. The document explains the different functionalities available to external agents (counterparties, CSDs and TPAs) and provides information on communication between the ECMS and those groups of users.
ECMS Connectivity Guide
The ECMS Connectivity Guide provides counterparties with a detailed description of technical connectivity to the ECMS for both the test and live environments. It explains the different communication modes available to counterparties and provides detailed information on the steps needed to subscribe to the Value Added Network Service Provider’s (VA-NSP) Services for the ECMS (U2A – user-to-application and/or A2A – application-to-application).
The introduction of the ECMS has raised a whole host of questions for monetary policy counterparties. The Bundesbank has responded by compiling and publishing frequently asked questions (FAQs). The document is updated regularly.
Further information from the ECB
Documents and information on the ECMS