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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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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

List of tables

14 Sep 2017 PSB Annual Report – 2017
Daily average, 2016/17. (a). Number. (b). Value. (b). Interbank settlement. value in RITS. ... 000s. $ billion. $ billion. RITS RTGS. 46.4. 175.0. 169.1. SWIFT payments.
https://www.rba.gov.au/publications/annual-reports/psb/2017/tables.html

1.2 Governance and Accountability

10 Oct 2023 RBA Annual Report – October 2023
Governance and Accountability | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/governance-and-accountability.html

Governor's Foreword

8 Oct 2023 PSB Annual Report - 2023 PDF 89KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/governors-foreword.pdf

List of tables

12 Sep 2014 PSB Annual Report – 2014
$ billion. Per cent. $ billion. Domestic. RITS. 42. 162.7. 3.1. ... c). 3.1. 50.3. 3.8. 50.3. RITS cash transfers. 0.2. 11.9. 3.6.
https://www.rba.gov.au/publications/annual-reports/psb/2014/tables.html

Risk Management

27 Oct 2022 RBA Annual Report – October 2022
transacting in financial markets to implement monetary policy. maintaining the infrastructure to facilitate real-time interbank payment and settlement services through RITS and the Fast Settlement Service. ... In 2021/22, the Bank executed
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html

Abbreviations

8 Oct 2023 PSB Annual Report - 2023 PDF 65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

5.3 List of Graphs

13 Oct 2023 RBA Annual Report – 2023
List of Graphs | Reserve Bank of Australia Annual Report – 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/list-of-graphs.html

List of tables

20 Sep 2018 PSB Annual Report – 2018
a)(b). Number. (c). Value. (c). Interbank settlement value in RITS. '000s. ... 4. 108. 4. Austraclear. (d). 12. 59. 14. 55. 15. RITS cash transfers. –. –.
https://www.rba.gov.au/publications/annual-reports/psb/2018/tables.html