Bank of Uganda selects CMA to upgrade real time gross settlement (RTGS) system
IT News Africa | Staff Writer - Apr 24, 2025
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ISO 20022DEPO/X Central Securities Depository & RegistryEast African Payment SystemBank of UgandaCMA Small Systems
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  • CMA Small Systems has been chosen by the Bank of Uganda for an RTGS system upgrade.
  • The upgrade will replace the legacy RTGS system with CMA's RTS/X platform.
  • The RTS/X platform is compliant with the ISO 20022 messaging standard.
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The partnership between CMA Small Systems and the Bank of Uganda marks a significant step towards modernizing Uganda's financial infrastructure. This upgrade not only aligns with international best practices but also enhances the overall efficiency of the payment system in the region. It would be beneficial to explore how similar upgrades can be implemented in other countries to improve their financial systems.
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