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Montran Real Time Gross Settlement System

Montran Corporation
System:
IBM PureApplication System
Provided by:Montran Corporation
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Version:3.0
The Montran Real Time Gross Settlement System (RTGS) processes very high volumes of large-value domestic payments and combines efficiency and reliability of service with sound position maintenance and intraday liquidity management facilities.
  • - Business Value

    Pattern Overview


    The global economy depends on a highly sophisticated banking system to make payments and settle transactions. The Bank for International Settlements (BIS) established Real‐Time‐Gross‐Settlement (RTGS) as the standard for large‐value interbank funds transfers to improve efficiency and reduce risk. However, the gulf between the implementation of an improved international standard and the ability of all countries to meet that standard can be a formidable one. A modern, efficient and reliable payments infrastructure is now an essential requirement for any country looking to promote growing financial markets and improve execution of monetary policy. A country must be capable of clearing and settling a wide range of transactions according to international standards if it is to be successful in attracting foreign investments. In the past, the requirements and investments associated with implementing a comprehensive RTGS system has made it difficult for many countries to justify cost. The Montran solutions have changed that with functionally rich, reliable, secure, cost effective systems. The Montran RTGS is specifically designed to meet and exceed the standard required by today’s Central Banks for Real-Time-Gross-Settlement processing. The Montran RTGS solution handles very high volumes of large-value domestic payments and combines efficiency and reliability of service with sound position maintenance and intraday liquidity management facilities.

    Business Case

    Business Problem

  • -Technical Details

    * Final and irrevocable settlement of funds transfers continuously in real‐time * Centrally located payment queues * Automatic gridlock resolution * Complete account balance monitoring * Credit and intra‐day liquidity management * Statistical database maintenance with query and reporting facilities * Payment entry and processing using SWIFT message formats * Multi‐currency, multi‐lingual * Secure payment and message transmission using SWIFT services * Secure interactive communication for monitoring and queue management * Operational reliability with backup and contingency arrangements * Complete audit trail, recovery and reporting

  • - More Information

    Provider Information


    Name: Mr. Martin Walsh

    Email: corporate@montran.com

    Phone: 1-(212) 684-5214

PureSystems patterns are part of a broad portfolio of PureSystems solutions for business, cloud, and infrastructure applications.

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