TARGET2 form for collection of Static Data - Ancillary System's 2025

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ATP Definition: An ancillary system consists of any system or application that uses or provides HR or financial data or utilizes UDDS (Unit-Division-Department-Sub-Department). An example ancillary system might be as simple as a spreadsheet that pulls in financial data.
See Ancillary system. AS batch Ancillary systems (AS) use T2 to settle monetary obligations resulting from the clearing and/or the exchange or the record of payments and/or financial instruments.
Ancillary services refer to functions that help grid operators maintain a reliable electricity system. Ancillary services maintain the proper flow and direction of electricity, address imbalances between supply and demand, and help the system recover after a power system event.
TARGET2 is the real-time gross settlement (RTGS) system with payment transactions being settled one by one on a continuous basis in central bank money with immediate finality. There is no upper or lower limit on the value of payments.
Ancillary services in banking refer to additional offerings beyond the core financial products, aimed at enhancing the overall customer experience. This includes insurance products, financial advisory services and foreign exchange services.
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TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem. Central banks and commercial banks can submit payment orders in euro to TARGET2, where they are processed and settled in central bank money, i.e. money held in an account with a central bank.