Banque d'Algérie (Bank of Algeria)
About
Algeria, Algiers
February 2006
Bank of Algeria (Banque d'Algerie) launched the ARTS (Algeria Real-Time Settlement system) within the country's financial infrastructure modernization project. CMA designed the system, adjusted it according to the national regulating authorities and legislation requirements, delivered, installed, and launched the software and hardware system components.
The task of the project was to develop and implement an automated system of online collection and processing of interbank payments. Access to the system is executed via the national financial network as well as via SWIFT.
ARTS was deployed within multiple locations across the country to achieve maximum resiliency and supports the opportunity of "shared access areas" usage in case of unforeseen connection breaks with one or several participants.
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