DS Advanced, the new settlement system of Oesterreichische Kontrollbank AG (OeKB), will not be implemented in the third quarter as originally scheduled. The new live date is November 7, 2005, according to OeKB.
The real time system will replace the current settlement system, DS, and the new timetable for implementation is listed below.
June 13, 2005 – July 15, 2005: Training for key users and administrators
July 16, 2005 – October 31, 2005: User training held by key users and administrators
July 25, 2005 – October 23, 2005: Client testing
October 1, 2005 – October 23, 2005: Definition of users
November 7, 2005: Live implementation date