T2S Release R2025.FEB – 17 February 2025

27.08.2024

Clearstream Banking AG, Frankfurt¹ informs clients about the TARGET2-Securities (T2S) Release R2025.FEB. According to the T2S Release Concept, the resolution for T2S Problem Tickets (PBIs) will be deployed on

Saturday, 15 February 2025
for the business day Monday, 17 February 2025

T2S Release R2025.FEB - Scope

Based on the T2S status reporting of mid-August 2024, for T2S Release R2025.FEB one Problem Ticket (PBI) has been scheduled for a delivery in production (scheduled, PBI 233314), a further PBI is still waiting for the final decision to be implemented with the T2S R2025.FEB release (candidate, PBI 233347).

CBF's assessment related to these Problem Tickets shows that the fixes will not require any changes in CBF's software. Both tickets do not affect CBF clients.

The experience from previous T2S releases shows that additional tickets can be prioritised and authorised for implementation by the T2S Operational Managers Group (OMG) in the upcoming months. Since the scope for T2S Release R2025.FEB is not final, CBF intends to publish an update to this announcement end-January 2025.

T2S Release R2025.FEB - Transition plan

According to the T2S Release Concept, the deployment of T2S Release R2025.FEB into production will occur for business day Monday, 17 February 2025. The implementation of the software will take place during the weekend's T2S maintenance window.

The table below provides an overview of the important T2S milestones within the next months:

T2S Service Transition Plan

Activity for T2S Release R2025.FEB	Date
Deployment of R2025.FEB to Pre-production	Friday, 17 January 2025
End of testing of R2025.FEB scope elements in Pre-Production	Wednesday, 29 January 2025
Deployment of R2025.FEB to Production	Saturday, 15 February 2025

Further information

For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer. Particular questions related to the production launch in February 2025 will be routed to the experts of the T2S Settlement Functionality team.

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.