Ongoing studies and projects – RIX
Payment markets in Sweden and globally are constantly changing and the Riksbank conducts regular studies and projects to keep abreast of developments.
The following studies and projects are currently under way
Study of instant cross-currency payments
The ECB and the Riksbank are examining the potential to use the ECB’s TIPS platform to implement instant payments between European currencies, such as the krona and the euro.
Decision on future platform for the Riksbank's settlement services
The Executive Board of the Riksbank has decided to negotiate with the Eurosystem for the use of the European settlement platform for payments, T2, to provide the settlement service for large-value payments in Swedish kronor, RIX-RTGS. The preliminary plan is that the transition to the T2 platform will be finished during 2029.
The Executive Board also upholds its earlier strategic decision to move securities settlement to the T2S platform in the future. The Riksbank and market participants consider that it is inappropriate to move both settlement services at the same time and that the transition to the T2 platform should be carried out before starting a transition to the T2S platform.
Read more: Investigation into the Riksbank’s future settlement services
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