VIDEO | “The bird’s view” on Finland’s post trade was topic for the first panel of the PostTrade 360° Helsinki 2022 conference as it got going on Wednesday morning. Nordea’s Janne Palvalin was on the panel with SEB Investor Services’ Saija Korkala and (the CSD) Euroclear Finland’s Kati Honkajuuri-Kokkonen.
The discussion was led by conference moderator Göran Fors, also of SEB Investor Services.
The seven-years-and-counting process of shifting settlement platforms to the pan-European TARGET2-Securities framework is easy to smile at. Yet, the participants seemed to confidently prefer delays, if the alternative would be a not-yet-fully-prepared transition such as the one that took place in Denmark a few years ago.
Janne Palvalin assumed the country has had a longer journey than any other nation in its T2S transition.
“But we are much wiser now than in 2016 so it is time well spent.”
Saija Korkala is Head of Investor Services Finland, SEB
Janne Palvalin is Head of Sector & Infrastructure, Wholesale Banking Operations, Nordea
Kati Honkajuuri-Kokkonen is Chief Administration Officer, Euroclear Finland
Conference moderator Göran Fors is Deputy Head of Investor Services, SEB
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