Target2
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What is Target2?
TARGET2 is a real-time gross settlement (RTGS) system owned and operated by the Eurosystem, used for processing large-value euro payments across the European Union.
What other technologies are related to Target2?
Target2 Competitor Technologies
CHAPS
CHAPS is a UK-based high-value payment system that competes with TARGET2 for large-value euro payments, though CHAPS primarily handles GBP.
CHIPS
CHIPS is a US-based payment system for large-value payments, including USD payments involving international transactions. It is a competitor to TARGET2, though TARGET2 focuses on Euro payments and is based in Europe.
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Target2 Complementary Technologies
SEPA
SEPA provides a framework for euro payments within Europe. While TARGET2 handles large-value and urgent payments, SEPA facilitates smaller, retail payments, often complementing TARGET2's role.
ISO20022
ISO 20022 is a messaging standard used in payment systems, including TARGET2. It provides a common language for payment messages, facilitating interoperability and data richness.
Swift
SWIFT is a messaging network that facilitates communication between financial institutions. TARGET2 utilizes SWIFT for sending and receiving payment messages.
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Which job functions commonly mention Target2?
Financial Operations
12 Financial Operations jobs mention Target2
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jobs on Sumble
Accounts Payable & Receivable
77 Accounts Payable & Receivable jobs mention Target2
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jobs on Sumble
Analyst
103 Analyst jobs mention Target2
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jobs on Sumble
Product Manager
44 Product Manager jobs mention Target2
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jobs on Sumble
Finance
130 Finance jobs mention Target2
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jobs on Sumble
Which organizations are mentioning Target2?
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