Financial market infrastructure services: SIA

Italian company impressed with multi-year work on ‘big-bang’ implementation of Canada’s new RTGS

Luigi Paris
Luigi Paris, SIA, now a part of Nexi Group

The days when physical gold deliveries or morse code were used to settle high-value payments are long gone. Since settlements went electronic some decades back, there has been an ever-increasing requirement for greater messaging bandwidth, speed, efficiency and resilience. Instead of worrying about hold-ups of gold wagons, financial infrastructure providers fret more about cyber security, liquidity and mitigating against potential system outages.

This meant that when the Canadian authorities

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