RTGS.global, which is establishing a digital Financial Market Infrastructure to ease cross-border payments, has joined Temenos Exchange, an open marketplace for fintech solutions.
In addition, Temenos banking customers will now have simple access to the RTGS.global Liquidity Settlement System, which allows PvP wholesale FX settlement in both developed and emerging market currencies.
The RTGS.global Liquidity Settlement System allows for simultaneous liquidity (funds) transfers. This is done directly between banks, eliminating the need for an intermediary. Interested banks can undertake a Proof-of-Value in a specialised staging environment before registering as a real participant.
Temenos Exchange accelerates and scales open innovation. On top of Temenos’ open platform, the marketplace offers pre-integrated and certified fintech solutions, allowing banks to create new financial services faster and cheaper.
Temenos Exchange helps fintechs and software developers build, validate, and monetize new financial solutions. With Temenos Exchange, RTGS.global now has over 3,000 users in 150 countries. This community supports 1.2 billion individuals globally.