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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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Payments System Regulation and Policy Issues

11 Oct 2023 PSB Annual Report - 2023 PDF 347KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/payments-system-regulation-and-policy-issues.pdf

RBA Annual Report - Business Services

27 Aug 2002 Annual Report PDF 62KB
40 RESERVE BANK OF AUSTRALIA. CLS will mean extended operating hours for RITS to. ... from the Commonwealth Government and other. official customers. RITS computer operations, software development.
https://www.rba.gov.au/publications/annual-reports/rba/2002/pdf/bus-serv.pdf

Payments System Board Annual Report 2017 - Governor’s Foreword

12 Sep 2017 PSB Annual Report 2017 PDF 790KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/governors-foreword.pdf

RBA Annual Report - Business Services

3 Sep 2003 Annual Report PDF 130KB
RITS in 2002/03 of 20 700 was 6.4 per cent higher. ... software development and support functions for. RITS that were previously performed under contract.
https://www.rba.gov.au/publications/annual-reports/rba/2003/pdf/bus-serv.pdf

Payments System Board Annual Report 2016 - Abbreviations

12 Oct 2016 PSB Annual Report 2016 PDF 91KB
https://www.rba.gov.au/publications/annual-reports/psb/2016/pdf/abbreviations.pdf

Operational Structure

9 Aug 2023 RBA Annual Report - 2022 PDF 2219KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/operational-structure.pdf

Financial Market Infrastructures

27 Sep 2022 PSB Annual Report - 2022 PDF 858KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/financial-market-infrastructures.pdf

Box B: Assessing the Cyber Resilience of FMIs

21 Oct 2021 PSB Annual Report - 2021 PDF 52KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/box-b-assessing-the-cyber-resilience-of-fmis.pdf

RBA Annual Report - Business Services

27 Aug 2014 RBA Annual Report 2004 PDF 129KB
https://www.rba.gov.au/publications/annual-reports/rba/2004/pdf/bus-serv.pdf

Reserve Bank of Australia Annual Report 2016 - Abbreviations

7 Oct 2016 RBA Annual Report 2016 PDF 131KB
https://www.rba.gov.au/publications/annual-reports/rba/2016/pdf/abbreviations.pdf