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Technical Groups

The T2S steering level, comprising the T2S Board, the CSD Steering Group and the Non-euro Currencies Steering Group, is supported by three technical groups, which are presented below.

Project Managers Group

The Project Managers Group (PMG), which reports to the T2S Board, is in charge of ensuring that T2S goes live and that all participating central securities depositories (CSDs) and national central banks will be ready on time. The PMG will set up specific groups to deal with user testing and migration, which are part of its mandate.

Project Managers Group

Change Review Group

The Change Review Group (CRG) which reports to the CSD Steering Group, comprises a group of product managers and functional experts. The CRG assesses and prepares change requests for changes to T2S, and proposes the priority for which a change should be considered within a particular T2S release, as defined in the Change and Release Management Process of the Framework Agreement.

Change Review Group

Operations Managers Group

The Operations Managers Group (OMG), which reports to the T2S Board, is responsible for developing and maintaining the T2S Manual of Operational Procedures, which defines the roles and responsibilities of all relevant actors and specifies how business activities are coordinated in both normal and abnormal circumstances.

Operations Managers Group

Directly Connected Parties Group

The Directly Connected Parties Group (DCPG), which reports to the T2S steering bodies, is responsible for tracking and monitoring the resolution of general concerns relevant to directly connected parties in their capacity as CSD/NCB customers with a direct connection to T2S.

Directly Connected Parties Group