The Slovenian central securities depository KDD will use SWIFT’s value added network solution to connect to T2S.
KDD Central Securities Clearing Corporation is also taking advantage of further value-added services from SWIFT. It plans to go live on T2S connecting via the SWIFT network in February 2017.
Rok Šketa, executive vice president of systems and technology at KDD Central Securities Clearing Corporation, said: “We are confident that SWIFT is the right T2S connectivity solution for us, bringing unmatched benefits in terms of resilience, price, proven infrastructure and re-use of expertise, and we look forward to working closely with SWIFT to implement its solution to meet our specific needs.”
Alain Raes, chief executive of EMEA, SWIFT, said: “We are delighted that KDD Central Securities Clearing Corporation has decided to leverage SWIFT to connect to T2S, and we thank KDD Central Securities Clearing Corporation for its confidence that SWIFT’s is the most reliable, cost effective and strategic solution for T2S connectivity.”
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