National Bank of Serbia, RTGS+Clearing (Hybrid solution)

Request

National Bank of Serbia, RTGS+Clearing (Hybrid solution)


National Bank of Serbia, RTGS+Clearing (Hybrid solution)

Changes in the course of the past few years in Serbia required substantial modernization of their financial infrastructure. Replacing the old decentralized payment system became a critical issue. Short implementation time was an important criterion for the National bank and CMA Small Systems developed, customized and installed the new payment system at NBS in only five months. The new payment system at NBS offers full functionality of the RTGS and clearing components together with advanced risk management, monitoring and control possibilities and integration into the capital market infrastructure. The NBS payment system is based on CMA’s own developed Real-Time Gross Settlement System (RTS/X) and Bulk Payments Clearing Systems (BCS/X), both based on the PIE-technology. In 2009 CMA upgraded the system core allowing new functionality: clearing of payments in Euro. Also the HW was upgraded as well.

Status: The system went into live operation in January 2003 according to the project schedule. The system was upgraded in 2009.
 

   

RTS/XPIE
  Case study (116 kb) PDF

Other clients