Real-time nostro group reveals utility service

Subscription-based service to provide greater visibility of cash movements globally unveiled at Sibos.

One year after the full working group first met at last year's Sibos, the banks involved in the development of an online service for the exchange of nostro information in real time revealed the fruits of their labour. The Real-Time Nostro (RTN) service has been driven by global telecom service provider Cable & Wireless, in partnership with UK software house Gresham Computing.

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