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TARGET 2 User Requirements Prepared by the TARGET Working Group October 2002 Introduction The reform of the current TARGET system aims at providing a response to developments in the international environment, in the inte
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Document Date: 2003-12-10 12:18:36


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Systemically Important Payment Systems / Better / Liquidity / TARGET Working Group / TARGET Service Provider / Securities Settlement Systems / National Central Bank / /

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Reorganization / /

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private payment systems / account legacy systems / recognised banking technology / stop processing / bank treasurers / crisis management / accepted banking technology / software problems / defined core services / bank money / bank / payment processing managers / real-time transfers / retail payments / payment systems / back-up solutions / distant site / circles processing / information management / settlement systems / individual bank / ancillary systems / /

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European Central Bank / European Union / Governing Council of the ECB / /

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Core / /

Technology

internationally recognised banking technology / service level agreement / internationally accepted banking technology / /

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