The Euronext Securities Convergence Programme is a cornerstone of our “Innovate for Growth” 2027 strategy, designed to harmonise post-trade processes, reduce fragmentation and costs, and deliver a scalable, unified infrastructure across our European markets. As we progress through this six-year initiative, we are proud to share the latest updates and resources now available to our clients and stakeholders.
Our focus is our clients
The last few months have been dedicated to helping clients understand the future services that will be supported by Euronext Securities as part of the Convergence initiative, and how these services differ from the ones currently offered. Thanks to many deep-dive sessions, we have been able to assist our clients in their understanding and improve the related documentation.
For our core services, we have released a baseline version of service description documents in early November 2025. These services are currently under development and will be ready for internal testing in Q1 2026, before being opened up for client testing in 2027.
As Euronext Securities Copenhagen will be the first of our CSDs to move to the new platform, we have set up a local joint governance group to manage the deployment timeline and secure the critical shift to T+1 in October 2027:
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2026: Release of the first new service (ISIN codification) for Euronext Securities Copenhagen
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December 2027: Start of client testing of the new platform and services
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August 2028: Release of the platform for Euronext Securities Copenhagen
For Euronext Securities Milan, Oslo and Porto, we will engage in a similar way, with the aim of helping clients assess the impacts of the new services on their infrastructure, and detailed management of local specificities.
Documentation on Convergence services
To help clients from all markets prepare for the Convergence Programme, we have published a comprehensive set of supporting documents and resources, including:
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Settlement services and settlement penalties
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Securities management
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ISIN codification service
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Client master data and account management
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Connectivity session notes
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Overview of extended services
These resources are updated regularly and available on our website: Convergence programme documentation. We encourage all stakeholders to check for the latest updates and notifications.
A unified future for post-trade services
The Convergence Programme is central to Euronext Securities’ vision of delivering a unified, resilient and innovative post-trade infrastructure for Europe. By harmonising processes, technology and client experience across our CSDs, we are building a platform that supports growth, efficiency and operational excellence for all market participants.
Common Corporate Action platform: Porto migration date
The Common Corporate Action platform will support a wide range of corporate events, including dividends, interest payments, redemptions and reorganisations, with enhanced automation and standardisation.
Euronext Securities’ goal is to implement a software that provides the market with new functionalities while offering the highest levels of quality and robustness. We have therefore decided to postpone the migration for Euronext Securities Porto by a few weeks in order to allow us to reach those levels and to give the market to complete testing. We are now actively working with the market to identify a suitable alternative date, taking into consideration the year-end IT freezes in different organisations.
There is no impact foreseen on the migrations in Denmark (September 2026) and Italy (June 2026), nor on the European Offering initiative.
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Deep-dive sessions and meetings are scheduled regularly to support client engagement, with recent sessions focusing on the issuance process for the Danish market.
To see the latest updates and notifications, go to: Corporate events service overview.
For any questions or to engage further with our team, please contact us at convergence@euronext.com or via your relationship manager.
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