PRISM+
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PRISM+ is the Next-Generation Real-Time Gross Settlement and Central Securities Depository System

 

PRISM+ is built on the ISO 20022 financial messaging standard which supports structured and data-rich financial communication, enabling enhanced transparency, interoperability, and automation across the payment and settlement ecosystem.


ISO 20022 Messaging Standard
Built on latest global standards
Advanced Liquidity Management
Built-in tools for monitoring and optimizing available funds.
Advanced Queuing
Multi-queue system for optimal liquidity management and system-wide settlement efficiency
Decoupled Architecture
Modules operate independently, enabling targeted resilience and flexible scaling
Better capacity and efficiency
Designed to process higher volumes with minimal delays.
Latest Security Features
Up-to-date encryption and monitoring for secure operations.


The system supports the following functionalities for efficient transaction execution and monitoring

High-value interbank funds transfers with immediate settlement finality

Scheduling of future-dated payments, allowing institutions to manage liquidity with precision

Transaction queuing & prioritization, supporting time-critical payments

Real-time monitoring of balances, payment queues, and settlement positions

Automated billing and fee calculation, with downloadable invoices and billing logs



Central Securities Depository System


The new system also provides a Central Securities Depository (CSD) platform for money market operations such as auction of government securities, sale and purchase of securities in the secondary market, collateral management and open market operations.





For more details, please refer to DI&SD Circular No. 1 of 2025