SIA-COLT and SWIFT are awarded the ESMIG concession

17 May 2019

The two network service providers have completed the second stage of the ESMIG tender, after the selection panel accepted their bids. More details are available on the Banca d’Italia’s e-procurement portal.

Subject to ongoing mandatory checks, SIA-COLT and SWIFT will sign a contract with the Eurosystem to offer connectivity to all Eurosystem market infrastructure services via the Eurosystem Single Market Infrastructure Gateway (ESMIG).

The ESMIG will make it possible for market participants to use a harmonised interface to connect to the three TARGET Services (TARGET2, T2S and TIPS) and the Eurosystem Collateral Management System (ECMS).