Infinity Release 2, an update of Euroclear’s Infinity solution, will launch on 12 February 2018, the firm has said.
The announcement of the target launch date was made at the Finnish Market Advisory Committee (MAC) meeting on 26 September.
In a statement, MAC and Euroclear Finland said this confirmation of the launch date “brings clarity and encourages the whole Finnish financial community to get prepared for the transition”.
They added: “Good progress has been made in the ongoing market acceptance testing, and we believe we are well aligned for a successful production launch.”
The announcement comes just weeks after Guillaume Eliet was appointed head of regulatory, compliance and public affairs at Euroclear.
Eliet will be the first head of this new division, which, according to Euroclear, has been designed to provide one holistic policy strategy across the Euroclear group.