As a result of the new relationship, Temenos banking customers will have access to the RTGS.global Liquidity Settlement System, which makes real-time, inter-bank settlement of wholesale FX possible on a PvP basis, in both developed and emerging market currencies.
The RTGS.global Liquidity Settlement System facilitates simultaneous transfers of liquidity in the traded currency pair. This is done point-to-point between banks, so there’s no need for an intermediary in the flow of funds. Interested banks can conduct a Proof-of-Value within a dedicated staging environment to test the system, ahead of formal trialling and becoming a live participant.
Temenos Exchange offers pre-integrated and approved fintech solutions that can be deployed on top of Temenos’ open platform – enabling banks to accelerate the creation of new financial services while reducing development costs.
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