Success for LuxCSD in T2S migration test
A third Migration Weekend Dress Rehearsal (MWDR) involving LuxCSD, in conjunction with Clearstream's CSD in Germany, was completed successfully last weekend. The test was conducted on 21 and 22 May 2016 together with the ECB, SWIFT and all other wave 4 CSDs and NCBs.
All of LuxCSD’s internal targets concerning performance, stability and data quality were fully achieved. LuxCSD systems performed well and within the expected timeframes. The results of this test confirm LuxCSD’s technical readiness for T2S, and show that Clearstream’s CSDs are on track for the T2S migration in February 2017.
Furthermore, the scheduled migration activities were completed by the Eurosystem within the envisaged timeline.
LuxCSD is looking forward to performing the next MWDR from 7 to 9 July 2016; customers can participate in the Wave 4 Community Test with LuxCSD as from the end of the 3rd quarter 2016.