For example, we are fostering innovation in the fields of retail payments, instant payment solutions, securities settlement, collateral management applications and cyber resilience. We are responsible for the euro's payment, securities settlement and collateral management systems - referred to collectively as "TARGET Services". The Market Infrastructure Development Division is responsible for business development, project delivery and the development of services in the fields of high-value payments, retail payments, securities settlement, collateral management and onboarding for TARGET Services. The Market Infrastructure Management Division oversees operations relating to securities settlement, high-value payments and collateral management. * supporting project management (including planning, monitoring and reporting), change management and onboarding for TARGET Services;
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