T2S Leads BNY Mellon to Expand European Settlement Data Capability

Target2-Securities platform catalyzes bank's ISO 20022 upgrade

Tom Casteleyn, head of product management for custody, cash and FX, BNY Mellon

The standardization provided by Target2-Securities (T2S) has fundamentally changed the way BNY Mellon does business in Europe, says its head of product management for custody, cash and foreign exchange.

Tom Casteleyn tells Inside Reference Data that the bank, which is the world's largest custodian, wouldn't have made the upgrade to its infrastructure that allowed it to support ISO 20022 had it not been for T2S.

T2S is a centralized securities settlement platform for the European Union. Casteleyn

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected]technology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: