The system is designed to integrate with market participant’s back-office applications via the SWIFT network or any private network, using a standard interface definition.
The system was designed to incorporate as high a level of technological independence as possible and utilizes only de-facto industry standard technologies. Data integrity, security and confidentiality are fundamental to the design, as well as adherence to sound accounting principles.
- Minimized risks associated with the clearing and settlement of securities transactions in line with international best practice
- Comprehensive and accurate record keeping and reporting
- Liquidity support and tight integration
- The system facilitates the execution of key functions of systemically important role players such as Government and the central bank in a country.