The Euronext Securities Convergence programme continues to advance, with clients engaged across all locations and an ambitious roadmap for the future. The aim is clear: to harmonise post-trade services across European markets by delivering a unified platform and enhanced value for clients and stakeholders.
Key milestones achieved
-
First Convergence service released for client testing: client testing of the ISIN codification service began on 2 February 2026 in Denmark, supported by documentation releases and briefing sessions that started in November 2025. These sessions are providing practical guidance, demonstrations and support to ensure clients are fully prepared for the transition.
-
Euronext Securities Athens integrated into the Convergence roadmap: Euronext Securities Athens has been officially included in the Convergence deployment roadmap, with migration planned for the second half of 2029. Engagement with all external counterparts began in May 2026.
Milestones ahead
-
First Convergence service to go live: current client testing is scheduled to end on 5 June 2026, with preparations progressing for go-live in Denmark, confirmed for 31 August 2026.
-
Convergence timeline: August 2028 is confirmed as the go-live date for the Convergence project in Denmark. Denmark will be the first market to implement the new unified platform, fully leveraging TARGET2-Securities (T2S) for settlement and adopting ISO standards for communication. This milestone is the result of close cooperation and alignment with the Danish issuers and participants community.
-
Preparing for next deployments: Harmonisation of existing platforms and business processes across all Euronext Securities locations is progressing, supporting unified operations and client services. Portugal, Italy, Greece and Norway are planned to migrate to the Convergence platform between 2028 and 2030, further strengthening the unified Euronext Securities offering.
Focus on our new common corporate action platform
The common corporate action platform is a cornerstone of the Convergence programme. Its launch in Portugal in January 2026 has delivered immediate benefits, including improved efficiency, greater consistency and an enhanced client experience. The platform enables standardised processing of corporate actions, reducing complexity and supporting operational excellence. The upcoming roll-outs in Euronext Securities’ other locations will further strengthen harmonisation across Euronext Securities.
Vision and leadership: an interview with Marie Thomas, Convergence programme executive
We spoke with Marie Thomas, programme executive for Convergence. Marie’s leadership is rooted in a clear vision for the future and a strong belief in the power of collaboration.
What inspires the Convergence programme’s vision and mission?
Our vision is to create a single, unified platform that brings together the strengths of all Euronext Securities CSDs. By harmonising processes and technology, we aim to deliver greater efficiency, resilience and value for our clients.
At the same time, Convergence is a key step towards building the foundations of a true European Savings and Investment Union. We are not only transforming post-trade infrastructure — we are helping to shape a more integrated European financial market.
Personally, I find it very motivating to contribute to building the post-trade of the future and to support this broader European ambition.
How important is collaboration in driving this transformation?
Collaboration is absolutely essential. The success of the Convergence programme depends on close cooperation with our clients, partners and teams across all locations. I am proud of the alignment we have achieved, especially in Denmark, where the market has come together to support our 2028 timeline. It is a testament to the trust and shared commitment within our community.
Looking ahead, I am particularly excited to work even more closely with clients across our other CSDs, strengthening our relationships and ensuring we deliver a truly integrated solution.
What motivates you personally as a leader on this journey?
I am passionate about transformation and about empowering people. As I shared in my recent LinkedIn interview, I believe that leadership is about listening, building trust and creating an environment where everyone can contribute. The Convergence programme is a collective effort, and I am inspired every day by the dedication and expertise of our teams.
Next steps and ongoing engagement
As we move forward, the Convergence programme will focus on completing the roll-out of its common platform and further integrating services across all Euronext Securities locations. Engagement with clients and stakeholders remains central, with regular updates, feedback sessions and practical support throughout the journey.
We appreciate the continued partnership of our clients and stakeholders as we advance the Convergence programme and build a unified future for Euronext Securities.