Author： Lucas Yvon Sampic Christine
Publisher： Henry Stewart Publications
ISSN： 1750-1806
Source： Journal of Payments Strategy & Systems, Vol.1, Iss.3, 2007-04, pp. : 228-237
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Abstract
This paper gives an overview of the TARGET2 project, focusing on the migration phase, crucial for making the launch of the new system a success. It first explains what the scope of the migration to TARGET2 will be, presenting the characteristics of the future system and their likely impact on the banking industry. Then, it describes what the Eurosystem has put in place to prepare and manage, in the best way possible, the migration phase. Finally, it highlights the French robust project organisation, justified by a particularly complex and risky type of migration.
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