Real-time Gross Settlement STP Utility is a real-time application interface for processing of large value interbank remittance/branch transactions in real-time as per the policies and procedures of Central Bank. The transactions are processed on Gross basis and can be linked with the Central Bank RTGS system; this minimizes the systemic risks that are inherent in large-value net settlement systems.

AutoSoft’s RTGS STP Utility can be interfaced with the Central Bank RTGS system via the Message Gateway. Any banking system can easily link with the STP utility for processing of messages.

The architecture diagram of the RTGS STP utility is given below:

Salient features of the RTGS STP Utility:

• RTGS transaction processing and posting for following remittance transactions:
  • MT – 102
  • MT – 103
  • MT – 199
  • MT – 202
• Processing of data from external channels for (STP / Non-STP) – RTGS messages.
• Provision to hold outgoing RTGS messages (on manual processing / Non-STP)
• Provision for RTGS messages monitoring (Messages queues dashboard)
• Straight through Processing
• Centralized audit log monitoring