Prepatory Support for Participants

TARGET2/T2S consolidation – crunch time

Under this motto, the Bundesbank hosted three identical kick-off events in February 2020 for the project managers from German credit institutions in preparation for TARGET2/T2S consolidation in November 2021.

The aim of these events was to highlight the significance of the upcoming consolidation for every participating institution due to the comprehensive changes to the design of and access to the Eurosystem’s future range of services. 

TARGET2-T2S consolidation - Looking ahead together

Two online events with identical content were held in December 2020. During these events, we examined the revised project plan as resulting from the extension of the project together with the directly connected participants.

Training materials

Based on UDFS Version 2.1 including the two addendums, the Bundesbank prepared detailed training material on TARGET2-T2S consolidation and presented it to the directly connected participants in two virtual training sessions in September and November 2020.

In May 2021, new features resulting from the UDFS version 2.2 and contents from the Explainers, which can be found on our website in the "Documentation and FAQs" section, were presented. Furthermore, the new contingency component ECONS II was introduced.

Training events

In line with the further progress of the project, training events are planned with a focus on UDFS Version 2.2, GUI screens and forms, as well as information about testing and migration. We will announce the events via our established mailing lists.