Bank of Finland goes live with MAPS treasury system
On April 20, 2026, the Bank of Finland (BoF) started using MAPS (Market Activities Processing System) to support its treasury and financial market operations. MAPS is a Treasury Management System designed by central banks for central banks, provided by Banque de France and Banco de España to the European System of Central Banks.
Nasdaq-Calypso powers central bank treasury
The Market Activities Processing System (MAPS) is a comprehensive treasury management solution designed by central banks for central banks.
Since November 2016, it has been provided by Banque de France (BdF) and Banco de España (BdE) to the European System of Central Banks (ESCB).
MAPS offers a robust solution based on Nasdaq-Calypso software, integrating front office, back office, risk management, accounting, and financial reporting functions.
This global offering also includes extensive hosting, operational, and evolution support services, ensuring a complete and integrated platform for its users.
Growing community of central bank users
With the Bank of Finland's (BoF) recent adoption, the MAPS user community continues its expansion across the ESCB.
The BoF joins a growing list of central banks already leveraging the common shared platform, including Banque de France, Banco de España, the Central Bank of Cyprus, De Nederlandsche Bank, the Central Bank of Malta, and the Central Bank of Ireland.
MAPS remains open to all members of the European System of Central Banks, with several more institutions actively exploring its implementation in the coming years, signaling a trend towards collaborative operational solutions.
Efficiency through shared infrastructure
The adoption of MAPS by the Bank of Finland underscores a growing trend towards shared operational infrastructure within the ESCB.
This move enhances efficiency and standardization across participating central banks, reducing individual development costs and fostering greater interoperability.
Such collaborative platforms are crucial for modernizing central bank operations and strengthening financial market stability across the euro area.