The Republic of Trinidad and Tobago is a developing market with significant potential for economic growth. The Governments recently- announced Vision 2020 project is aimed at achieving fully developed country status by 2020. One essential element in achieving this objective will be the existence of a modern, reliable and efficient financial infrastructure. An integral part of this process involves improving the efficiency of the national payments and securities clearance and settlement systems, in line with the best international standards. The Bank will use LogicaCMGs RTGS solution to implement its interbank settlement of high value payments. LogicaCMGs Central Securities System will enable the auction, trading and settlement of Government Securities. The two systems will be connected using Model 1 Delivery Versus Payment (DVP).
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now