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RTGS Global
for Commercial
Banks
Interbank Liquidity is no Longer Invisible
Today
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Transactions largely based on trust
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Manual, offline regulator reporting
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Settlement risk
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Cost and risk of using outdated nostro/vostro accounts
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Not real-time
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Limited data capability
RTGS.global uniquely delivers interbank liquidity visibility:
- Transactions based on validated liquidity
- Settlement risk removed
- Removes nostro pre-funding, transforms correspondent banking
- Available anytime: 24/7/365
- Full ISO 20022 data capabilities with smart contract capabilities
- Integrated real-time regulatory reporting
- Enables new service levels to be delivered to customers
RTGS.global real-time view of International Multi-Currency Liquidity
RTGS.global real-time view of Domestic Liquidity Liabilities
To talk to the RTGS.global team
about how we can work with your bank
Our Launch Program
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.
Closed Loop
phase
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.
Technical Integration
phase
Discussions and plans relating to technical integration and operational procedures will take place.
Open-Loop
pilot
Stage 3 will commence in late 2020. Phase 3 involves creating the real-time global settlement accounts that are integrated and operated by you within your bank existing core infrastructure. This integration work can be supported by our global network of technical partners and core banking systems vendors.
Commercial Availability
During the final stages of Stage 3, Banks will invite their customers to test and experience the RTGS.global service on a progressive basis. This process will confirm their own network service level agreements for their transactions. The RTGS core operates at circa 300 milliseconds per transaction. Once final testing is completed and certified network compliant, full availability of the RTGS.global network is enabled.