Andrew Smith: What is RTGS.global's Settlement Fabric? An explainer...
Finextra
At Sibos 2022, our Co-Founder and CTO, Andrew Smith, took to the stage to paint a vision for a universal Settlement Fabric that has the potential to interconnect the world's domestic payment systems. Hear more about this vision from Andrew's interview with FinextraTV.
Andrew talks on RTGS.global's distinct approach to innovation in the cross-border wholesale payments space, where we aren't seeking to simply replace what currently works. Instead, our goal is to link them together with our Settlement Fabric.
Domestic payments systems, commercial banks, central banks, and FMIs are all interconnected via RTGS.global's Settlement Fabric, and therefore interoperable. Settlement risk is eliminated by our Bilateral Atomic Settlement function.