Francisco joined the European Monetary Institute, the forerunner of the European Central Bank, in May 1995. Francisco participated in the development of the TARGET system (the Real Time Gross Settlement system for the euro). Since December 2017 he is the head of the Market Infrastructure Support Division in the Directorate General Market Infrastructure and Payments of the European Central Bank. With more than 20 years of experience in Market Infrastructures, Francisco has been conducting policy work aiming for further harmonisation and integration of payments at European and global level. He is currently leading the team which provides transversal services to the market infrastructure projects operated by the European Central Banks. Francisco holds a master’s degree in computer science from Universidad Autonoma de Barcelona (Spain).