Transactions largely based on trust
Manual, offline regulator reporting
Settlement risk
Cost and risk of using outdated nostro/vostro accounts
Not real-time
Limited data capability
RTGS.global real-time view of International Multi-Currency Liquidity
RTGS.global real-time view of Domestic Liquidity Liabilities
RTGS.global Stage 1 commenced in June 2020.
This followed our build phase where we completed testing the core RTGS network with our partners Microsoft for performance, scalability and operational risk.
Significant transactional performance has already been achieved on the core infrastructure. In tandem with this work, extensive planning commenced and continues regarding regulatory oversight and construction of our operating regulations.
Your journey starts with access to the RTGS.global extranet.
The first RTGS.global transactions are taking place now in a closed loop environment. Our desktop experience replicates all the core RTGS.global functionality, enabling interactive testing delivering a true operational experience. During Stage 1 all feedback and interactions will be collated, as we fine tune the platform and operating regulations. Multi Territorial Banks are able to test their own intergroup liquidity visibility and see improvements across their existing correspondent network in real-time. 44,000+ Banks around the world already have RTGS.global identifiers enabled.