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Thursday, Feb 19, 2004
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LogicaCMG system for Lanka apex bank

Our Bureau

BANGALORE: LogicaCMG has announced that it has successfully implemented the real-time gross settlement (RTGS) system and the scripless securities settlement (SSS) system for the Central Bank of Sri Lanka (CBSL).

The overall system will enable banks and financial institutions to make secure, high-value, inter-bank payments virtually instantaneously across the country, and also to settle government securities in real time.

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