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RBA Glossary definition for RITS

RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.

RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.

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2021

13 Jul 2022 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2021/

List of graphs

10 Sep 2010 FSR – September 2010
Graph 56: RITS Settled Payments. ... Graph 58: RITS Intraday Settlement Profile.
https://www.rba.gov.au/publications/fsr/2010/sep/graphs.html

List of graphs

10 Mar 2010 FSR – March 2010
Graph 56: Observable System Liquidity in RITS. ... Graph 57: RITS Settled Payments.
https://www.rba.gov.au/publications/fsr/2010/mar/graphs.html

List of graphs

10 Mar 2011 FSR – March 2011
Graph 2.30: RITS Settled Payments. ... Graph 2.31: RITS Peak Liquidity.
https://www.rba.gov.au/publications/fsr/2011/mar/graphs.html

List of tables

24 Oct 2016 PSB Annual Report – 2016
RITS. 157.8. 162.7. 167.8. 167.2. SWIFT payments (HVCS). 97.1. 100.5. 103.8. ... 100.7. Debt settlements (Austraclear). (b). 48.5. 50.3. 52.0. 54.8. RITS cash transfers.
https://www.rba.gov.au/publications/annual-reports/psb/2016/tables.html

Abbreviations

27 Sep 2023 PSB Annual Report – 2023
Risk-free rate. RITS. Reserve Bank Information and Transfer System. RTGS. Real-time gross settlement.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html

Annual Performance Statement for 2021/22

27 Oct 2022 RBA Annual Report – October 2022
Ensure the operational reliability of RITS. RITS availability at 99.95 per cent during core hours. ... Ensure the cyber security of RITS. Ongoing investment and regular reviews and testing to support cyber resilience.
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html

Governor's Foreword

27 Sep 2023 PSB Annual Report – September 2023
Governor's Foreword | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/governors-foreword.html

List of tables

9 Oct 2015 PSB Annual Report – 2015
RITS. 168.0. 157.8. 162.7. 167.8. SWIFT payments (HVCS). 106.0. 97.1. 100.5. ... 103.8. Debt settlements (Austraclear). (b). 50.0. 48.5. 50.3. 52.0. RITS cash transfers.
https://www.rba.gov.au/publications/annual-reports/psb/2015/tables.html

Abbreviations

27 Oct 2022 RBA Annual Report – 2022
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange. ... RDP. Research Discussion Paper. repo. repurchase agreement. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html