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ID#: 46925 |
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Solution name: |
Central Accounting System (CAS) 3.60 |
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Solution description: |
CAS is a product based solution for Central Banks and similar institutions who wish to implement a Real Time Gross Settlement (RTGS) system for their domestic high value payments. |
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Solution web page: |
Logica’s CAS is a Real Time Sross Settlement system is architected using Logica’s payment system framework. Time tested in 17 countries across the globe is highly scalable – vertically and horizontally. Architecture is built on industry-standard components and practices and is highly configurable to suit different futuristic requirements The CAS Conforms to BIS Core Principles for SIPS, it is also IMF-Audited. The CAS is implemented international best practices – Model-1 DvP, PvP, PKI and SSL/TSL; The CAS also supports wide range of browser based online enquiries, MIS reports, dashboards and bird’s eye views for payments and liquidity management The CAS supports multiple interface depending on participant’s size and message formats used – SWIFT CBT, Participant Interface, Browser Based and Web API based. The CAS GUIs are built using Logica’s GUI Framework. The CAS has Award winning Gridlock algorithm.
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Functional details
The overall business objectives for CAS are: - to provide world-class RTGS facilities; - to provide delivery of securities versus payment, by a DVP link to securities settlement systems; - to provide payment versus payment (PvP) facilities for the settlement of FX trades; - to support the provision of liquidity in RTGS via close coupling with a securities settlement system; - to minimise the liquidity provision required by use of efficient gridlock busting algorithms; - to enable easy implementation of RTGS by the commercial banks and to provide effective commercial bank intra-day monitoring facilities.
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Competitive advantage
The CAS is an award winning RTGS solution live in 17 countries across the globe. Implemented with international best practices – Model-1 DvP, PvP, PKI and SSL/TSL; CAS Supports - multi-currency with PvP – uses Logica’s payment matching engine - multiple liquidity management options – Fund reservations, multilateral offsetting, multiple settlement accounts and account groups - In-built charging and billing module – Time based, Warehousing, Liquidity utilisation, daily fixed charges CAS provides interface to Ancillary Systems (GL, SSS, Clearing Systems, Alert Engines, AML & Fraud Detection System etc) using: - SWIFT messages; - File based interface; - Pre-defined MQ messages; CAS supports multiple Queue Management Algorithms: - FIFO with priority - Partial FIFO-bypass - Lowest value first
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Industries
Banking Industry
Banking - Other
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Solution areas
Financial Services/Banking
Other
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Customer size
Midmarket Business (500 to 1000 employees)
Large Business (greater than 1000 employees)
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Languages supported
English
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Countries/regions available for distribution
Asia Pacific
Australia , India , Indonesia , Philippines , Singapore , Sri Lanka
Europe
France , United Kingdom
Middle East
Kuwait , Saudi Arabia
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