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2009-02-24
 
CMA has provided its RTS/X solution to the Central Bank of Mauritius

CMA's Real Time Gross Settlement system has been successfully launched at the Central Bank of Mauritius
Stockholm, February 20th, 2009. Today CMA announced that within a four month period, it has provided its own RTS/X (RTGS -Real Time Gross Settlement system) solution to the Central Bank of Mauritius. Within this period CMA managed successfully to install, test and customize the solution as well as train Bank of Mauritius staff on how to operate the new system.
In addition to the strict global standard RTGS features, the new system supports interaction with:

* Accounting & budgeting system
* Bank cashier system
* Bankmaster - General Ledger
* Central Securities Depository System
* MNS module - a system for the processing of tax payments in Mauritius
* PLACH - check clearing system (part of its functionality is now embedded into RTS/X system)

Currently payments are being sent by the commercial banks of Mauritius via SWIFT Y-Copy scheme, which is fully supported by the new system (SWIFT V-shape support has been embedded as well).

On its first day of life operations the system had processed 1234 payment for the total amount of MUR 4 855 677 145.85 which is an equivalent of USD 150 586 979.23.

"We are very proud of this achievement" - as per Mr. Igor Kozintsev, Vice-President, CMA - "yet again, due to our unique integration technology and decade-long expertise in the field, this project could be successfully implemented within an unprecedented timeline and to complete customer satisfaction."


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