Newsflash
WIFE 6.0 (codenamed W6) has been committed to CVS repository for early access and will be released soon. Main features include a new API to deal sub blocks. |
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SWIFT

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is an industry-owned cooperative providing messaging services to banks, broker-dealers and investment managers as well as to market infrastructures in payments, treasury, securities, and trade.
Real Time Gross Settlement (RTGS)

RTGS is a large value funds transfer system whereby financial intermediaries can settle interbank transfers for their own account as well as for their customers. Settlement at a Central Bank is immediate, final and irrevocable. Credit risks due to settlement lags are eliminated.




