System Availability Statistics 2024
The RBA has committed to providing quarterly operational reliability figures for its retail payment settlement services. While RITS is predominantly a wholesale settlement system, it is included here as it also settles retail payments through the batch feeders and the Low Value Settlement Service (LVSS). The RBA also provides figures for its Low Value Clearing Service (LVCS), which facilitates file transfers between participants in low value clearing systems. For more details on availability calculations and targets, and system components, see About RITS, System Availability.
System | March quarter | June quarter | |||
---|---|---|---|---|---|
Per cent | Per cent | ||||
RITS(a) | 100.000 | 100.000 | |||
RITS settlement services for: | |||||
Cash Transfers | 100.000 | 100.000 | |||
SWIFT | 100.000 | 100.000 | |||
Austraclear | 100.000 | 100.000 | |||
Batch feeders | 100.000 | 100.000 | |||
LVSS | 100.000 | 100.000 | |||
FSS | 100.000 | 100.000 | |||
LVCS | 100.000 | 100.000 | |||
Notes: Availability is calculated as the amount of time that a system is not experiencing an outage, as a proportion of the core operating hours for that system. Downtime for recent incidents may be subject to revision. (a) RITS availability is the average of the availability of the component settlement services for Cash Transfers, SWIFT, Austraclear, Batch feeders and LVSS. Source: RBA |
March Quarter
In the March quarter there were no incidents impacting system availability.
June Quarter
In the June quarter there were no incidents impacting system availability.