Bank of Mongolia (Mongolbank)

Implementation of RTGS System (RTS/X)

About

Mongolia, Ulaanbaatar
May 29, 2009

CMA company completed a project for the Central Bank of Mongolia (Mongolbank) to implement the Real-Time Gross Settlement System in 2014. CMA designed the system, customized it according to the national regulating authorities and legislation requirements, installed and launched software and hardware components of the system. The RTGS system is based on CMA's standard RTS/X package with the support of ISO8583 interface to the external SCC system (Switch Clearing Center). It took only 9 months for CMA and Mongolbank teams to complete the project.

RTGS hardware system upgrade was performed by joint efforts of CMA and BoM in 2014.

In 2019, the RTGS system was upgraded with the latest release to provide support for ISO20022.

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