Payment Solutions

What is RTGS Pro?

The global economy depends on highly sophisticated banking solutions for their valuable transactions. The Central Bank of Bahrain (CBB) established Real‐Time‐Gross‐Settlement (RTGS) as the standard for large‐value interbank funds transfers to improve efficiency and reduce risk. RTGS system is implemented to provide payment, securities and enquiries message exchange via VPN network in addition to SWIFT network. A modern, efficient and reliable payment solution became an essential requirement for all banks in Bahrain.

RTGS Pro is leveraged with a flexible routing logic to differentiate foreign transfer messages from local transfer messages and can switch automatically between VPN network and SWIFT networks. The system can handle very high volumes of high-value domestic and international payments with great efficiency. The electronic delivery mechanism ensures secure delivery of payment orders to the central bank and delivers payments and confirmations to the participants. The modular architecture supports multiple systems and channels integration.

With the unique solution, RTGS Pro, tailor-made to cater to the CBB RTGS requirements Unity has won the confidence of many prominent banks in Bahrain. With many implementations, Unity has come out as the most trusted RTGS partner for banks in Bahrain. The user-friendly interface helps banks ease out operations and reconciliation processes.RTGS Pro can be integrated with Anti Money Laundering (AML) system for the identification and blocking of payments involving fraudulent parties listed on AML lists.

Why RTGS Pro is the best solution for your business?

Proven capabilities of interfacing with all leading Core Banking Systems
Tried & tested, readily available pluggable RTGS module
User friendly GUI for RTGS message initiation and routing
Supports all the messages regulated by CBB RTGS
Support multi-currency – BHD, USD payments based on CBB RTGS regulations
Dashboard for monitoring and reconciliation purpose.
SWIFT adaptor to enable local & international message routing.
Easy & readily available host interface plug-in adaptors
Independent module maintenance enabling business continuity
Huge cost savings on Core Banking System changes and multiple channel integrations
Effective time frame management

Ready to adopt RTGS Pro?

About

With a decade of experience serving as the trusted strategic partner for banks and financial institutions of all sizes, we are renowned for our innovative and user friendly financial solutions.We are headquartered in Dubai, with our research and development centre in India and support centre in Bahrain. We help our clients to stay ahead of emerging business trends and outperform the competition by simplifying their systems and business processes. We empower businesses with payment solutions, IT staffing services, software consulting services and more. Our clients include multinational banks, mid-sized financial organizations, government entities, exchange houses and many big nonbanking financial institutions.

Changing trends in the financial industry, evolving business models, technological innovation and modified regulations are some of the challenges that banks and financial institutions, face today. Accordingly, their customers also demand a personalised experience to interact and transact. Our experience gives our clients a distinct advantage. Established in 2009, Unity has many financial products developed and implemented successfully to its credit, by thoroughly understanding the present and forthcoming industry regulations. Our solutions for payments are mission-critical. Many of the banks, finance and exchange houses across the Middle East relay on our highly scalable software solutions which offer seamless integration.