settlement
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Financial Services
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Sep 01, 2025
Change freezes are over, RTGS now operational near 23/7 for some administrative tasks
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Financial Services
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Aug 15, 2023
The worst RTGS outage in nearly a decade was resolved without too much loss of hair but will renew enthusiasm for a core settlement engine replacement due in 2024...
Financial Services
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Nov 14, 2022
Six years after an exercise flagged the risks of a “prolonged technical outage” in the core settlement engine of the Bank of England, efforts to “seek to understand and mitigate legal barriers” to one proposed mitigation are unfinished – although progress on a core hardware and software replacement continues to make