Plug-B – RTGS Management Solution

Plug-B is the Real-Time Gross Settlement (RTGS) Management platform developed by LEADS Corporation Limited. It is designed to meet and exceed the standards required by modern central banks for high-value, real-time interbank settlements. Plug-B ensures secure, efficient, and compliant processing of domestic payments, liquidity management, and message exchange using ISO 20022 standards.

Features

• Real-time processing of large-value domestic payments
• Support for ISO 20022 (MX) message formats
• Message processor for central bank communication
• Intraday liquidity monitoring and position maintenance
• Integration with DNS systems (BACPS, BEFTN, NPSB)
• User alerts for low liquidity thresholds
• Easy integration with bank applications via web services or file exchange
• Support for interbank transactions including money market, government securities, and domestic forex

Capabilities

• Enables real-time, gross settlement of funds between banks
• Facilitates seamless communication with central bank RTGS systems
• Supports high-volume transaction environments with minimal latency
• Provides liquidity tracking and alerting to prevent settlement failures
• Ensures compliance with central bank regulations and message standards
• Integrates with multiple banking systems and protocols
• Offers robust security and audit trails for transaction integrity

Benefits

• Enhances operational efficiency and reduces settlement risk
• Improves liquidity management and financial control
• Ensures regulatory compliance with national RTGS frameworks
• Reduces manual intervention and operational errors
• Supports scalability for growing transaction volumes
• Strengthens trust and reliability in interbank settlements
• Enables faster, more transparent fund transfers