T2S Dedicated Link Connectivity Solution

Transcription

1 T2S Dedicated Link Connectivity Solution Presentation Meeting, 22 April 2013 T2S Programme Office European Central Bank 0

2 Dedicated Link Presentation Agenda Dedicated Link Origin Dedicated Link Overview Eurosystem Cost recovery principle Dedicated Link Legal Documentation - Dedicated Link Services Agreement - Services Agreement Annexes Time table 1

3 2 Dedicated Link Origin The Dedicated Link Connectivity Solution was elaborated to answer a market request. - T2S Communication volume are expected to be significant. - Some Market participants requested the Eurosystem to explore other possible solutions.

4 Dedicated Link Overview 3

5 4 Dedicated Link Overview T2S Operator 4CB Service EUROSYSTEM Contract DiCoAs ECB Cornet 3 Service

6 Eurosystem Cost Recovery Principle The Eurosystem is not a network provider, strict rules have to be followed to provide the service. - Eurosystem cannot make any profit from this activity - Eurosystem cannot make any loss from this activity - Both network costs and development costs will be entirely shared between the Users of this solution.. 5

7 Dedicated Link Legal Documentation Dedicated Link Services Agreement Schedule 1 Schedule 2 Schedule 3 Schedule4 Schedule 5 Schedule 6 T2S Dedicated Link Services Description User Manual for Public Key Certification Service for T2S T2S Dedicated Link Hosting Arrangement T2S Dedicated Link Connectivity Set-up and Connectivity Testing T2S Dedicated Link Milestones Dedicated Link Connectivity Pricing 6

8 Dedicated Link Services Agreement 1. The Eurosystem provides connectivity services. 2. Client has to open his premises to the Eurosystem NSP to install the physical layer. 3. Client has to develop his side of the interface LCL, VACS 4. Client cannot use DL to resell network services 5. Timing & development sequences (see below) 7

9 8 DL Service Development Sequence 1. The Eurosystem s Network Service Provider installs Dedicated Link Connectivity Physical Layer. 2. The Client develops LCL and VACS on his side (see Dedicated Link Connectivity Specification) 3. Eurosystem s and Client s teams perform together an End-to-End connectivity testing 4. Succesful End-to-End testing will trigger: - The acceptance of the DiCoA as DL Client - The Abnahme (DiCoAs declare in written his acceptance of the DL solution)

10 Schedule 1 DL Service Description Dedicated Link Service Description 2 Sources: - Dedicated Link Connectivity Specification (LCL and VACS) - Schedule I Complement (no copy) Part 1: Network organization (physical layer, VPN, Encryption) 9

11 10 Schedule 1 DL Service Description PART 2: Operational Procedures - Support teams: 2 service desks - Physical Layer - Network provider help desk - LCL, VACS - Platform help desk - Business continuity: Procedure + Redundancy (4x 1G for T2S, Client side upon request) - Project Manager

12 Schedule 1 DL Service Description PART 3: Service Level Agreement - SLA for LCL and VACS refers to the platform SLA - Schedule 1 also covers the physical layer: (Service availability, file throughput, support hours, incident response time, incident resolution time, recovery time, review meeting, etc ) 11

13 12 Schedule 2: Manual for public key Manual for public key certificate service for T2S The Parties - Banca d Italia the Certification authority - European Central Bank to delivers the service - DiCoAs Certificate holder Devices and procedures Procedure for registration, suspension, renewal 3 years certificate + smart card

14 Schedule 3: Hosting terms and conditions Access to DiCoAs premises to install physical network s components: - Preparation of installation - Provision and installation - Access and use of the components - Liabilities 13

15 Schedule 4: Dedicated Link connectivity set up and connectivity testing Test organization and guidelines for: (including test cases) - Physical layer connectivity testing - DiCoAs makes an internal testing of its development - End-to-End connectivity testing 14

16 15 Schedule 5: Dedicated Link - Milestones Milestones New Date Publication of Dedicated Link maximum price 19/04/2013 Delivery Dedicated Link Connectivity registration form to the DiCoAs 02/05/2013 Dedicated Link Connectivity registration form filled in by DiCoAs 29/05/2013 Commitment from DiCoAs to use the Dedicated Link* 28/06/2013 DiCoAs DEP Protocol ready to start the testing stage 07/01/2014 Completion of Dedicated Link pilot phase at T2S sites including one DiCoAs** 02/05/2014 Completion of Dedicated Link rollout to T2S platform and initial set-up of DiCoAs*** 27/06/2014 * Commitment from one DiCoAs (at least). ** This task is dependent from the Commitment of one DiCoAs (at least). *** Assuming that no more than four DiCoAs will be part of the initial implementation.

17 Schedule 6: Dedicated Link Pricing Policy principles - Full cost recovery (in view of existing and potential future DL service charges) - Geographic neutrality - Up to nine DiCoAs - Fixed implementation fees charged one-off (late joiners pay pro rata to residual value of implementation fee) - Expected live time of 7 years - Any DiCoA-specific post-go-live cost to be borne by that DiCoA - Allocation of change-related fees according to type of change - Fixed monthly maintenance and running fees set at reasonable maximum levels (actual fees will depend on actual technical requirements) - VAT is charged to the extent applicable 16

18 Schedule 6: Dedicated Link Pricing 17 ONE-OFF FEES A 1 Set-up of the DL Services Fixed implementation fee (per DiCoA) x/n 1,794,036/n A 2 Testing of the DL Services (including connectivity implementation, tests and implementation support) Fixed implementation fee (DiCoA-specific) y 120,574 A 3 Common changes related to the DL Services Fixed implementation fee (per DiCoA) z 1 /n CR assessment fee (per DiCoA) z 2/ n A 4 Specific changes related to the DL Services Fixed implementation fee (DiCoA-specific) s 1 CR assessment fee (DiCoA-specific) s 2 F 1 Issuance of a security certificate (per certificate) v 150

19 18 Schedule 6: Dedicated Link Pricing B MONTHLY FEES Monthly fixed fee I (for up to nine DiCoAs) Fixed monthly running fee (excl. running costs for common or specific changes to the DL Services) u/n 41,527/n C D Monthly fixed fee II (per DiCoA) Fixed monthly maintenance and running fee k 4,787 Monthly fixed fee III (per DiCoA) 1 Large-size DiCoA Fixed monthly running fee for a bandwidth of up to 85 Mbit/s; two data centres in different cities; one CoreNet3 link to each data centre; interconnectivity between data centres provided by DiCoA l 5,230 2 Medium-size DiCoA Fixed monthly running fee for a bandwidth of up to 50 Mbit/s; two data centres in the same city; one CoreNet3 link to each data centre; interconnectivity between data centres provided by DiCoA h 5,727 3 Small-size DiCoA Fixed monthly running fee for a bandwidth of up to 10 Mbit/s; two data centres in the same city; one CoreNet3 link to each data centre; interconnectivity between data centres provided by DiCoA p 4,913 E Monthly fixed fee IV (for up to nine DiCoAs) Fixed monthly running fee resulting from the implementation of common Change Requests j/n ANNUAL FEES F 2 Fixed fee for the prolongation of a security certificate o 30 Fees B, C, D (i.e. either D1 or D2 or D3), and E aggregate to a monthly total fee. Fees D1, D2, and D3 are alternative and depend on the respective DiCoA s choice. The monthly fixed running fee varies depending on the total running costs of the common Change Requests implemented.

20 Dedicated Link Timeline April May June July DL Service Presentation Subscription Deadline June 28 Start of Development