FINAL OUTCOME PMG MEETING 06 June 2017 from 10:30 until 17:00
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1 DG-MIP / MID 01 September 2017 FINAL OUTCOME PMG MEETING 06 June 2017 from 10:30 until 17:00 European Central Bank Sonnemannstrasse Frankfurt am Main Germany MB Press Room with a light buffet in the MB Press Centre Gallery at 13:00. Conf-call dial-in: (pause) 2814# followed by the required PIN 5760#. List of participants: European Central Bank Mr Mehdi Manaa Chairperson European Central Bank Mr Francois-Guillaume Bertrand Rapporteur European Central bank Ms Monica Melsen European Central bank Ms Flora Laszlo European Central bank Ms Manas Sinha European Central Bank Mr Alejandro Del Campo (4CB) Deutsche Bundesbank (4CB) Banco de España (4CB) Banque de France Mr Arno Friedrich Ms Maria Teresa Arraez Gonzalez Mr Bertrand Manoury Banca d'italia Banque Nationale de Belgique Banco de España Banco de Portugal Banka Slovenije Banque Centrale Du Luxembourg Banque de France Danmarks Nationalbank Deutsche Bundesbank Deutsche Bundesbank Latvijas Banka Národná banka Slovenska Narodowy Bank Polski Oesterreichische Nationalbank Suomen Pankki Central Bank of Ireland Central Bank of Ireland De Nederlandsche Bank Clearstream Banking AG Clearstream Banking AG CSD Slovakia Euroclear Euroclear Finland IBERCLEAR Interbolsa, S.A. KELER Ltd. National Central Securities Depository Oesterreichische Kontrollbank AG VP Securities Baltic CSDs Monte Titoli Mr Paolo Bramini Mr Jimmy Steenhout Mr Fernando Castaño Mr Mauricio Ramalho Mr Matjaž Južina Mr Michael Schoenmakers Mr Christophe Genestet Ms Pernille Øls Andersen Ms Katharina Tobiasch Ms Melanie Gulden-Jesse Mr Jānis Katkovskis Ms Elena Biskupicova Mr Paweł Ryll Ms Andrea Schuh Ms Maria Huhtaniska-Montiel Mr Brendan Finn Mr Ronan O'Hara Mr Marcel Otten, via telco Ms Karla Amend Mr Jürgen Witzel Mr Karol Gers Mr Dimitri Pattyn Ms Päivi Mäkikyrö Mr Jesús Sánchez Mr Rui Matos Mr Kristóf Matuszka Mr Martin Voško Ms Ursula Svoboda Ms Susanne Hass Mr Artūras Stankevičius Mr Paolo Carabelli, via telco 99 - PMG Final outcome v3 Page 1 of 6
2 1 INTRODUCTORY REMARKS AND APPROVAL OF THE AGENDA The participants will be invited to agree on the present agenda. The participants agreed to the proposed agenda. 2 OUTCOME OF THE PREVIOUS MEETING AND ACTION POINTS The participants will be invited to approve the outcome of the previous meeting and to go through the list of Action Points. Outcome of the 27 Mar 2017 PMG meeting List of Action Points The participants agreed to finalise the outcome of the 27 Mar 2017 PMG meeting and publish it. Regarding the action points, VP informed the PMG that the Danish NUG at its meeting intended to discuss how client readiness reporting towards VP and DN for DKK migration should be carried out. The outcome of this discussion might limit which information DN and VP will be able to deliver concerning the Danish market concerning DKK migration. It was stated that expectations from Eurosystem was that the framework for client readiness reporting to a high degree will be based on the existing framework except that SP s will have to be replaced by something else e.g. agreed deadlines. The participants agreed that these elements should be added to the Action Point CLIENT READINESS DASHBOARD The Eurosystem will present the Client Readiness dashboard (Q2 2017). Following a tour-de-table the members will be invited to approve the dashboard. Client Readiness dashboard status Q The participants confirmed the reported status during the tour-de-table. The representatives of the migrating CSDs and CBs in the final wave were debriefed on the preparation status, as well as on the positive results of the last Migration Weekend Dress Rehearsal. Iberclear and Banco de España indicated that the Royal Decree needed for the Spanish reform is under the process of the public consultation and is planned to be approved by the Spanish Government in the coming weeks. The Euroclear Finland participants indicated their intention to migrate after the DKK migration. The participants were also introduced to the member of the PMG from the Central Bank of Ireland. Page 2 of 6
3 4 T2S PROGRAMME PLANNING AND MONITORING 4.1 Status update The Eurosystem will provide a high level status update on the T2S Programme. The participants will be invited to discuss the issues/status/risks and to monitor the implementation of the various response plans. T2S Programme Issues T2S Programme Status T2S Programme Risks Operational Risks (For information) The participants took note of the information provided and: T2S Programme Status: The participants agree to change the status of the R1.3.2 and R2.0 from red to yellow. This is possible since the CSG gave its guidelines regarding the deployment of CR358 to EAC on 19 Jan Programme Issues: The 4CB suggested closing the issue21, while some participants suggested keeping the Issue 21 open for the time being. In conclusion, the PMG agreed to keep the issue 21 open. 4.2 Update of the T2S Operational plan and the releases The Eurosystem will provide a status update on the T2S Operational plan as well as the releases. Releases timing overview Milestones RMSG information on release status as of 23 May 2017 Service Transition Plan (STP) for release 1.3 Service Transition Plan (STP) for release Service Transition Plan (STP) for release 2.0 Releases status The participants took note of the latest changes to the scope for R1.3 as well as the clarification on the timing for R2.0, i.e. first components of R2.0 (i.e. CR358) will be deployed on EAC on Jan 19, STP On this basis, the participants agreed to have a short written procedure following this meeting with the STP including the latest updates on the scope and timing of releases. Page 3 of 6
4 5 UPDATE ON OTHER GROUPS ACTIVITIES 5.1 Release Management Sub-Group - RMSG The Eurosystem will provide an oral update on the RMSG activities which are not already covered under the point 4 of the agenda. In particular, the PMG will be informed on the recommendation from the RMSG on the need to identify a tester for each PBI, and that in case no volunteer is identified the PMG should find the solution to allocate the responsibility of testing to a specific actor. Update on the RMSG activities (oral report) Proposal for additional test environment Operational Governance Processes update The participants discussed the solutions to be adopted in case no volunteer is identified for testing a PBI. The participants agreed that for the R1.3.1 the PMG members will ask again their testing experts to see if they could add PBI and PBI to their test plan. The UTSG will follow up accordingly. Regarding PBI the 4CB asked the PMG member to confirm testing feasibility latest by 06 June otherwise it will not be included in the scope to avoid de-scoping. Regarding the PBI , the UTSG should clarify the risks related to the non testing of this fix, knowing that the PMG members are expecting a very low risk probability and impact. In the future in case no testers can be identified the PMG should be immediately notified. In principle, it was agreed that a PBI should be included in the scope of a release only if tester has been identified or justification for not testing is provided. Otherwise, the PBI should not be scoped. Regarding the proposal for additional test environment, the participants followed the RMSG recommendation to keep the currently foreseen 2 test environments (i.e. EAC and UTEST) after migration in addition to the Production environment. Finally regarding the Operational Governance Processes update, the participants agreed to add to the coming RMSG agenda a point on ensuring a smooth transition to this newly proposed Governance. 5.2 Change Request Group - CRG The Eurosystem will provide an update on the CRG activities. Update on the CRG activities The participants took note of the information provided, and received the confirmation that the CRG will propose an allocation of each CR to a specific type (e.g. corrective maintenance ) The participants also supported the direct contact between the CRG and the ISSG regarding the CR647, as long as the PMG remains copied to those exchanges. The 4CB explained that they will check whether they can anticipate the delivery of the non-binding message schema changes for the CR612 (Alignment of T2S Messages with ISO Maintenance Page 4 of 6
5 Releases ) beyond the agreed 8 weeks prior to the delivery in EAC during its detailed assessment 5.3 User Testing Sub-Group UTSG and Migration Sub-Group MSG The Eurosystem will provide an update on the User Testing/UTSG activities and a status update onmigration/msg activities. In addition, the PMG members are invited to approve the Migration and User testing strategy for NCDCP to join T2S and the Pre-migration Schedule for final wave - v3.0 to be used as baseline for execution of pre-migration activities in Production. Status update on the User Testing/UTSG activities (oral report) Status update on the migration/msg activities (oral report) Migration and User testing strategy for NCDCP to join T2S Pre-migration Schedule for final wave v3.1 The participants took note of the information provided, and approved the Pre-migration Schedule for final wave v3.1. As a next step, the document will be provided to the T2S Steering level for approval. The participants agreed to initiate a written procedure for the approval of the Migration and User testing strategy for NCDCP to join T2S. In addition, it was agreed to share in parallel the document with the OMG for consultation. 5.4 Information Security Sub-Group ISSG The Eurosystem will provide an update on the ISSG and ISSG+ activities. Update on the ISSG activities (oral report) 5.5 Operational Management Group - OMG The Eurosystem will provide an update on the OMG activities. Update on the OMG activities The participants took note of the information provided and agreed to ask the RMSG to follow up on the testing coverage and reporting to the OMG prior to the go/no-go to the pre-prod/prod environment. Page 5 of 6
6 5.6 PMG Task Force on improvements to the T2S GUI The Eurosystem will provide an update on the activities of the PMG Task Force on GUI performance improvements. Document: Update on the GUI Task Force activities Additional proposals for T2S GUI_v1-0 The participants agreed to: - send to the CRG the TF considerations regarding the CR ask the ISSG if an increase of the time for automatic logout could be extended beyond the current 10 minutes, and if so what would be the maximum acceptable. - check how to continue the GUI workshops in a way allowing to explore possible new approaches that have been disregarded until now, in particular because they were considered not feasible within the available time. 6 Programme Planning and Monitoring The Eurosystem will provide a summary update of the conclusions following the discussion of the above listed items including the Risks and issues. The Eurosystem recalled the status/risk related conclusions from the discussion as documented under point 4.1 of the agenda. 7 Any other business 7.1 Timing of PMG meeting and calls The PMG will discuss its coming planned activities. List of coming PMG meetings and calls The Chairman indicated that the PMG should discuss in its next meeting the way forward regarding the streamlining of its different sub-groups in the context of reducing activity following the end of the migration period. Page 6 of 6
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