ESMIG connection
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The ESMIG Qualified Configurations describe the technical requirements on the user side to access the T2S, TIPS, ECMS, RTGS, CLM and CRDM GUI via the ESMIG web portal. A special section is dedicated to the description of the technical framework needed to fully implement the Non-Repudiation of Origin (NRO) functionality.
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The TARGET Services Connectivity Guide describes in general terms the connectivity to the Eurosystem Single Market Infrastructure Gateway (ESMIG). The ESMIG provides a single access point for directly connected actors to access TARGET Services. Access to the ESMIG is provided by the two Network Service Providers (NSP) selected by the Eurosystem, which are Nexi-Colt and SWIFT.
The connectivity guide is applicable for T2S, T2 and TIPS and is valid for both production and test environments.
Please keep in mind that this connectivity guide only is not sufficient to achieve the connectivity to ESMIG. All NSPs specific steps and technical details to achieve the connectivity to TARGET Services are described in the relevant NSP related documentation.
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The common ESMIG (Eurosystem Single Market Infrastructure Gateway) interface is the single access point to the Eurosystem’s market infrastructures. It is one of the core elements of the common components of TARGET Services. Each participant - i.e. all banks, investment firms and ancillary systems as well – must establish a connection via ESMIG if they wish to communicate directly with the TARGET Services. The two network service providers SIA-Colt and SWIFT, licensed by the Eurosystem, are available for this purpose and have been awarded the ESMIG concession as part of a Europe-wide tender procedure.
The document "ESMIG Terms of References" summarises essential elements concerning the connection to ESMIG.Downloads
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The Eurosystem is applying a network-agnostic approach for communication with TARGET Services. The two network service providers SIA-Colt and SWIFT were chosen to offer connectivity to the TARGET Services as the result of an official tender procedure. The concession contracts concluded between the network service providers and the Eurosystem form the basis for the contracts between the participants and the network service provider(s). All participants with a direct connection to T2 are required to conclude a contract of this kind with at least one of the two network service providers licensed by the Eurosystem.
The concession contracts concluded between the network service providers and the Eurosystem can be viewed here. They also include the maximum prices that network service providers may charge their customers for connecting to the TARGET Services – T2, T2S, TIPS and ECMS.
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The Eurosystem Single Market Infrastructure Gateway, or ESMIG for short, is the central access point for the TARGET Services T2 (i.e. CLM and RTGS), T2S, TIPS and ECMS. Connectivity to TARGET Services through ESMIG is provided by a network service provider. The two network service providers SIA-Colt and SWIFT were chosen to offer connectivity to the TARGET Services as the result of an official tender procedure. The concession contracts concluded between the network service providers and the Eurosystem form the basis for the contracts between the participants and the network service provider(s). All participants with a direct connection to T2 are required to conclude a contract of this kind with at least one of the two network service providers licensed by the Eurosystem.
The Eurosystem has compiled a list of market participants’ most frequently asked questions regarding the rights and obligations of the network service providers under the concession contracts and continually updates it.
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