Settlement
in Seconds

Our unique settlement solution, supported by Microsoft Azure architecture, transforms and streamlines cross-border payments by enabling settlement in seconds.”

BORDERLESS PAYMENTS ARE HERE.

Currently the way money moves around the globe is too restrictive and slow. We know that having the ability to settle between jurisdictions within seconds enables financial institutions to open up new opportunities for global economic development, promoting financial inclusion.

By enabling rapid movement of funds cross-border between financial institutions, RTGS.global directly connects key market participants from individual countries into its settlement network, creating seamless interoperability across borders and currencies – whether those be fiat or digital.

CHANGE IS NEEDED. CHANGE IS HERE.

Global commerce and changing regulation demand solutions which provide instantaneous and real-time transactions, 24 hours a day, 365 days a year in a way that reduces costs and mitigates settlement risk.

There are a number of public sector objectives stated clearly in the G20 Roadmap to Enhance Cross-Border Payments, the CPMI Report and the FX Global Code, among others, all of which call for an interbank network that shortens the cross-border chain and reduces settlement risk as much as practicable, settling FX transactions through PvP settlement where possible.

The ISO 20022 standard is shifting how banks communicate cross-border payment instructions. To continue processing payments, all banks must be prepared to handle this new standard, and in the case of cross-border payments, all banks must be equipped to receive, process and pass the full ISO 20022 payment data from one counterparty to the next.

However local flavours of implementation of this standard, each with their own nuances, have already emerged. This leaves room for a private sector initiative to bridge these differences. This is the approach we have taken at RTGS.global, building a common platform to achieve fully transparent liquidity flows, optimising liquidity velocity whilst vastly reducing the complexity of the end-to-end reconciliation of cross-border payments.

RTGS.global has been built to deliver an interbank settlement service for financial institutions that enables instant cross-border movement of funds, removing the need for multiple intermediaries with Payment-vs-Payment settlement - cutting transaction time and fees.