Euroclear Finland: Launch of Infinity Release 2 - postponed

30.01.2018

Clearstream Banking AG, Frankfurt1 , published Announcement D17078, dated 18 December 2017, regarding the implementation of Euroclear Finland’s Infinity Release 2. Today, CBF advises customers that the planned launch scheduled for Monday, 12 February 2018 has been postponed

Background

The Finnish Market Advisory Committee (MAC) of Euroclear Finland and Euroclear Finland have decided to jointly review the implementation schedule. As the launch is aimed for March 2018, an updated schedule will be made available soon.

Next steps

As soon as the launch date has been announced by the MAC, CBF will inform customers. In addition, an upcoming announcement will provide the details for the transition weekend. As outlined in the previous Announcement D17078, the cutover procedure may require the cancellation of pending instructions. Customers should be prepared to provide their cancellation requests towards CBF during the transition phase. If necessary, functional changes will be provided with this information, too.

Contact

Please contact our Client Services teams for questions regarding the functionality. Questions related to the technical connection can be addressed to our Connectivity Support teams. Particular questions related to the implementation of Euroclear Finland’s Infinity Release 2 will be routed to the experts of the T2S Settlement Functionality team.

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1. Clearstream Banking AG (“CBF”) with registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.