RTGS.global
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Bilateral Atomic Settlement
The interbank wholesale FX market continues to be impacted by inefficiency and settlement risk.
RTGS.global is a next-gen FMI that addresses these problems.
We do this by embracing established best practices that serve the market well today, whilst introducing technology and commercial innovation where disruptive change is required.
PvP
Eliminate settlement risk
24/7/365
Always on, wholesale FX anytime
Fiat
Fiat-currency based, interfacing with existing IT
Bilateral
Point-to-point, no financial intermediary
Today
60% of FX payments, equating to $9 trillion per day, is exposed to settlement risk.
The limitations of netting and trade compression, combined with the rising volume of emerging market currency FX, means the risks are growing.
The result: high cost and inefficiency
- Friction
- Opacity
- Settlement risk
- Costly pre-funding
- High buffers
- Limited operating hours
- Credit risk
- High capital demands
RTGS.global
Bilateral Atomic Settlement
Instantaneous fiat currency liquidity exchange in central bank funds – point-to-point, globally, 24/7/365.
One Network, Many Cross-Border Wholesale Applications
Bilateral Atomic Settlement
Watch ITN's special feature, explaining how Bilateral Atomic Settlement from RTGS.global
addresses settlement deficiencies within the wholesale FX market
About us
The leadership team at RTGS.global comes with a proven track record at the pinnacle of the global payments, banking, and fintech industries – with deep domain expertise in settlement, liquidity management, financial market infrastructures, and cloud computing.
CEO
Dave Sissens
Dave Sissens
Dave’s entire career has been built around the elimination of settlement risk and optimisation of liquidity – first in a 23-year career at CLS, then in various advisory and fintech leadership roles.
Founder, Director
Nick Ogden
Nick Ogden
Nick is the inventor of e-commerce and one of the founding fathers of fintech. He is the serial entrepreneur behind WorldPay, ClearBank, and CashFlows, among other successful businesses. He is a director with multiple fintechs.
Executive Director
Jim Cowles
Jim Cowles
Jim is the former CEO for Citi in Europe, Middle East, and Africa (EMEA). Following a four-decade career in banking, he now holds directorships with multiple high-growth fintechs.
Investor Director
Marcus Treacher
Marcus Treacher
Marcus has over 35 years experience driving innovation and business growth in the transaction banking and payments industries worldwide. As well as an executive leadership career at HSBC, Citigroup and Ripple, Marcus also served as a member of the Global Board of SWIFT from 2010-2016, and as a director of CHAPS Co.
CTO
Andrew Smith
Andrew Smith
Prior to RTGS.global, Andrew was the founding CTO of CloudZync and ClearBank. He has deep domain expertise in banking, payment systems, cloud, and enterprise IT.
COO
Gordon Cooper
Gordon Cooper
Gordon spent nearly two decades in a global career with Visa, latterly as GM for Southeast Asia emerging markets. He is the former COO of Intel-backed Kinduct.
Chief Legal & Regulatory Affairs Officer
Victoria Cumings
Victoria Cumings
Based in New York City, Victoria is an FX industry veteran, having worked at HSBC, CLS and GFMA.
Chief Risk Officer
Paul Fraser
Paul Fraser
Paul is a career risk management professional, having worked at Wells Fargo, Deutsche Bank, Credit Suisse and Standard Chartered.
Head of Business Development
Paulo Da Costa
Paulo Da Costa
From a thirty year career in senior roles at Morgan Stanley, Credit Suisse, and Swift, Paulo Da Costa has deep expertise in Treasury Operations, Cash Management, Payments, and Intraday Liquidity Risk Management.
Advisor
Phil Kenworthy
Phil Kenworthy
Phil Kenworthy is the former CEO of the UK’s high value payment system, CHAPS. Over several decades, he held senior positions at CREST and CLS. Phil began his career at Bank of England.
Advisor
Dr. Ruth Wandhöfer
Dr. Ruth Wandhöfer
Ruth has been named a Top 10 Global Fintech Influencer. She is a former MD at Citi and holds a PhD in technology innovation in financial markets. Ruth is a non-executive director on multiple boards and is Chair of the UK Payment Systems Regulator (PSR) Panel.
Advisor
Jean-Michel Godeffroy
Jean-Michel Godeffroy
Jean-Michel’s distinguished career includes key roles at Banque de France as well as ECB, where he was Director General for payment systems and market infrastructure before assuming the Chairmanship of Europe’s securities settlement system, T2S.
Advisor
Lord Holmes of Richmond MBE
Lord Holmes of Richmond MBE
Lord Holmes is a member of the House of Lords Science and Technology Select Committee. His policy focus is on digital technology for the public good. Two of his areas of interest are Fintech and Regtech.
Advisor
Derrick Pearson
Derrick Pearson
Derrick spent forty-one years at Lloyds Bank, during which time he led large teams managing Treasury products including FX, Money Market, Fixed Income, Securities, Swaps and Trade Finance.
Advisor
Richard Peers
Richard Peers
Richard is a thought leader in sustainable finance and Contributing Editor with Finextra. He spent 23 years at Microsoft, with leadership roles in worldwide financial services.
Contact Us
RTGS.global is hosting Discovery Workshops with banks globally throughout the year.
To register your interest or otherwise inquire about RTGS.global, please use the form below.