Summer Letter 2025 from Euroclear Sweden CEO Hanna Vainio

As the days get longer and brighter and we approach Midsummer, I wanted to send a warm summer greeting to our clients and partners across the Swedish financial market.
This spring, we took a major step toward deeper Nordic collaboration by aligning the leadership of Euroclear Finland and Euroclear Sweden under one CEO. This unified Nordic approach reflects our commitment to strengthening regional integration and creating long-term value for our clients and stakeholders. These past six months have been a journey of dedication and hard work across our entire organization, as we have started to take steps on our Nordic transformation journey.
Our transformation objectives include both standardization and growth. This involves continued compliance with European standards for settlement and corporate actions, empowered by the intended IT platform change and the migration to T2S. This will enable quicker adaptation to regulatory changes and create cost synergies. We also aim to become relevant earlier in the Swedish financial market's value chain, driving business and revenue growth, and ensuring long-term client satisfaction through a common platform.
The transformation steps will involve updating our business model and harmonizing operational processes to European standards. This also includes replacing our Mainframe IT platform (VPC) with Euroclear Finland’s system, while adapting and developing the processes to cater to Swedish market and business requirements. Finally, we are moving settlement to the Eurosystem’s (ECB) platform TARGET2-Securities (T2S).
Parallel to working on our transformation roadmap, Euroclear Sweden has maintained our business as usual at the heart of the Swedish financial market. We have continued to develop our messaging and corporate governance services to further meet market needs and successfully released our shareholder data analyses to the public in widely spread quarterly reports.
I look forward to talking more about our Nordic strategy at our upcoming industry event PostTrade 360° in Stockholm this September.
Wishing you all a wonderful, peaceful, and joyful summer!
Warm regards,
Hanna