Real-Time Gross Settlement

Real-Time Gross Settlement Market Outlook

The global Real-Time Gross Settlement (RTGS) market is projected to reach approximately USD 40 billion by 2035, growing at a compounded annual growth rate (CAGR) of around 9.5% during the forecast period of 2025-2035. One of the primary growth factors for this market is the increasing demand for real-time transactions in the financial sector, driven by the need for faster payment processing and enhanced liquidity management. The expansion of digital banking and fintech solutions has necessitated the implementation of more efficient settlement systems, leading to significant investments in RTGS infrastructure. Moreover, the growing globalization of trade and financial transactions emphasizes the importance of robust and reliable settlement systems, thereby propelling the market's growth. Additionally, regulatory initiatives aimed at improving payment systems and settlement processes are also contributing positively to the market dynamics.

Growth Factor of the Market

The growth of the Real-Time Gross Settlement market is primarily fueled by several factors that underscore the need for efficient payment processing systems. One of the most significant factors is the surge in demand for immediate fund transfers, which has been accelerated by the rise of e-commerce and online transactions. As businesses and consumers alike seek instant gratification in their financial dealings, the necessity for systems that can facilitate real-time payments is critical. Furthermore, the increasing adoption of digital currencies and blockchain technology is transforming the landscape of financial transactions, pushing traditional banks and financial institutions to upgrade their RTGS systems to accommodate these innovations. Regulatory pressures to enhance payment efficiencies and reduce risks associated with delayed transactions are also driving investments in RTGS systems. Additionally, the COVID-19 pandemic has highlighted the importance of digital financial services, leading to a paradigm shift towards online banking and payment solutions, thereby propelling the growth of the RTGS market.

Key Highlights of the Market

• Significant growth projected with a CAGR of 9.5% from 2025 to 2035.
• Increasing demand for real-time payment solutions across various sectors.
• Technological advancements in payment systems, including blockchain and digital currencies.
• Regulatory initiatives enhancing the efficiency and security of transaction processing.
• Growing integration of RTGS systems with various financial technologies and platforms.

By Type

Hardware:

The hardware segment of the Real-Time Gross Settlement market encompasses the physical infrastructure required to support the RTGS systems, including servers, data storage solutions, and networking equipment. The demand for robust hardware solutions is increasing as financial institutions seek to enhance their transaction processing capabilities with improved speed and reliability. The integration of high-performance computing systems allows for the handling of large volumes of transactions simultaneously, which is essential in the fast-paced financial environment. Moreover, advancements in security hardware have become vital to protect sensitive financial data from cyber threats, thereby bolstering the growth of this segment. As institutions continue to adopt more sophisticated technologies, the hardware market is expected to expand correspondingly, driven by the need for modernized systems that can support advanced functionalities.

Software:

The software aspect of the Real-Time Gross Settlement market includes applications tailored for transaction processing, monitoring, and reporting purposes. The growing complexity of financial transactions necessitates sophisticated software solutions that can ensure compliance, manage risks, and facilitate smooth operations. The integration of artificial intelligence and machine learning in RTGS software is enhancing transaction efficiency and accuracy, enabling real-time fraud detection and anomaly reporting. Furthermore, software solutions that offer customizable features are becoming increasingly popular as they allow financial institutions to tailor their services according to specific market needs. The continuous evolution of software technologies is expected to significantly impact the RTGS market positively, contributing to enhanced performance and customer satisfaction.

Services:

In the Real-Time Gross Settlement market, the services segment includes consulting, implementation, and maintenance services that support the deployment and operation of RTGS systems. As financial institutions strive to keep pace with rapidly changing technologies, the demand for expert consulting services to guide system selection and implementation is on the rise. Additionally, ongoing maintenance services are crucial for ensuring the reliability and performance of RTGS systems, thereby minimizing potential downtimes that can affect transaction processing. With the increasing complexity of payment systems and the growing regulatory landscape, service providers that offer comprehensive support will play an essential role in the market. This segment is witnessing robust growth as financial institutions prioritize operational efficiency and customer satisfaction.

Infrastructure:

The infrastructure segment of the Real-Time Gross Settlement market refers to the underlying framework that supports the functioning of RTGS systems, including data centers, communication networks, and power supply systems. The expansion of infrastructure is critical, especially as financial institutions seek to enhance their operational capabilities while ensuring system redundancy and disaster recovery. Investments in resilient infrastructure are becoming more prominent as organizations aim to minimize risks associated with payment processing. Additionally, the adoption of cloud infrastructure is gaining traction, providing financial institutions with scalable solutions that reduce operational costs and improve flexibility. As the financial landscape evolves, the infrastructure segment will continue to grow, driven by the need for reliable and secure transaction processing systems.

Payment Gateway:

The payment gateway segment is integral to the Real-Time Gross Settlement market, as it facilitates the routing and processing of payment transactions between different financial institutions. Payment gateways play a pivotal role in ensuring that funds are transferred in real-time while maintaining security and compliance with regulatory standards. With the increasing use of digital payment methods and the rise of e-commerce, the demand for effective payment gateways that can support various payment types and currencies is surging. Moreover, advancements in payment gateway technologies, such as tokenization and encryption, are enhancing security and reducing fraud risks, further driving market growth. As businesses and consumers increasingly rely on digital payment solutions, the importance of robust payment gateways within the RTGS ecosystem cannot be overstated.

By Component

Solutions:

The solutions component of the Real-Time Gross Settlement market comprises the software and hardware solutions designed to facilitate real-time transaction processing. These solutions enable banks and financial institutions to settle transactions instantly, ensuring liquidity and enhancing customer satisfaction. The demand for advanced solutions that can integrate seamlessly with existing payment systems is on the rise, as organizations seek to improve operational efficiencies and reduce transaction costs. Furthermore, regulatory compliance and the need for increased transparency in transactions are driving the development of innovative solutions that offer enhanced tracking and reporting capabilities. As the financial services industry continues to evolve, the solutions segment is expected to grow substantially, driven by innovation and the need for real-time financial interactions.

Services:

The services component within the Real-Time Gross Settlement market includes a range of support and consulting services that are critical for the effective implementation, management, and maintenance of RTGS systems. With the complexity of modern payment systems, financial institutions are increasingly seeking professional services to guide them through system selection, configuration, and integration processes. Additionally, ongoing support services are essential for ensuring the reliability and performance of RTGS solutions, thereby minimizing potential disruptions in transaction processing. As the regulatory landscape becomes more stringent, compliance consultancy services are also gaining importance, helping organizations navigate the complexities of maintaining adherence to legal requirements. The services segment is poised for growth, driven by the continuous evolution of transaction processing needs and the demand for expertise in managing sophisticated payment systems.

By User

Banks:

Banks represent a significant user segment in the Real-Time Gross Settlement market, as they are primary facilitators of financial transactions. The increasing demand for real-time payment capabilities is compelling banks to adopt advanced RTGS systems that can accommodate high transaction volumes with speed and precision. As the financial landscape evolves, banks are prioritizing technological upgrades to enhance their operational efficiency and customer service. Furthermore, regulatory requirements are prompting banks to improve their payment processing systems, ensuring compliance and security. The growing trend of collaboration between banks and fintech companies is also influencing the RTGS landscape, as innovative solutions emerge to meet the changing demands of consumers and businesses. The banks' user segment is expected to experience robust growth, supported by technological advancements and market trends that favor instantaneous transactions.

Financial Institutions:

Financial institutions, including investment firms and asset managers, are increasingly adopting Real-Time Gross Settlement systems to enhance their transaction processing capabilities. The demand for immediate settlement of securities and other financial instruments is driving this adoption, as institutions seek to mitigate risks associated with delayed transactions. The integration of RTGS systems allows financial institutions to optimize their liquidity management and improve the overall efficiency of their operations. Moreover, the rise of digital asset trading has heightened the need for reliable and fast settlement processes, further fueling the growth of this user segment. As financial markets become more interconnected, the importance of efficient settlement systems for financial institutions cannot be overstated, marking it as a key area of growth in the RTGS market.

Government:

Government entities are increasingly recognizing the importance of Real-Time Gross Settlement systems for the efficient management of public funds and the facilitation of governmental transactions. The need for transparency, accountability, and efficiency in public financial management is driving the adoption of RTGS systems across various governmental departments. By implementing real-time settlement solutions, governments can enhance their ability to track financial flows, streamline procurement processes, and improve service delivery to citizens. Additionally, the integration of RTGS systems in public payment processes can significantly reduce transaction times, improving overall public sector efficiency. As governments continue to invest in digital transformation initiatives, the user segment of government is expected to witness considerable growth in the RTGS market.

Corporates:

Corporates are increasingly utilizing Real-Time Gross Settlement systems to streamline their payment processes and enhance cash management capabilities. The demand for instantaneous fund transfers is particularly critical for businesses engaged in global trade, where timely payments can directly impact operations and profitability. RTGS systems enable corporations to manage their liquidity more effectively, providing them with real-time visibility of cash flows and transaction statuses. Moreover, the adoption of digital payment solutions and the rise of e-invoicing are further driving the need for efficient settlement systems among corporates. As businesses prioritize operational efficiencies and seek to minimize transaction costs, the corporate user segment is poised for growth in the RTGS market, supported by advancements in technology and changing market dynamics.

Others:

The "Others" user segment in the Real-Time Gross Settlement market includes non-bank financial institutions, payment service providers, and other entities that engage in high-volume transactions. This segment is experiencing growth as more organizations recognize the advantages of adopting RTGS systems to facilitate quicker and more secure transactions. Non-bank financial institutions, such as credit unions and microfinance organizations, are increasingly turning to RTGS solutions to enhance their service offerings and meet customer expectations for instantaneous payments. Furthermore, payment service providers are leveraging RTGS systems to create seamless payment experiences for their clients, driving innovation in the digital payment landscape. This diverse user segment's growth reflects the broader trend of digital transformation across various sectors, emphasizing the importance of real-time transaction capabilities.

By Application

Fund Transfer:

The fund transfer application of Real-Time Gross Settlement systems is one of the primary drivers of market growth, as it enables instant money transfers between banks and financial institutions. This application is particularly crucial for high-value transactions that require real-time processing to minimize settlement risks. The increasing demand for fast and reliable fund transfer solutions is pushing financial institutions to adopt RTGS systems that can facilitate immediate transactions. Additionally, the rise of mobile banking and digital payment platforms is contributing to the growing need for efficient fund transfer mechanisms, allowing consumers and businesses to conduct transactions seamlessly. As the emphasis on speed and reliability in financial operations continues to grow, the fund transfer application will remain a key area of focus within the RTGS market.

Securities Trading:

The application of Real-Time Gross Settlement systems in securities trading is gaining momentum, driven by the need for rapid settlement of transactions in increasingly volatile financial markets. Real-time settlement minimizes counterparty risk and enhances the overall efficiency of trading operations, making it an attractive solution for financial institutions and investors alike. As regulatory bodies emphasize the importance of transparency and timeliness in securities transactions, the adoption of RTGS systems within this application is expected to rise. Additionally, technological advancements in trading platforms and the growing popularity of electronic trading are further contributing to the demand for instantaneous settlement solutions. The securities trading application is poised for growth, supported by the need for streamlined processes and risk management in financial markets.

Currency Exchange:

The currency exchange application of Real-Time Gross Settlement systems facilitates immediate settlement of foreign exchange transactions, allowing banks and financial institutions to manage currency risks more effectively. As globalization continues to drive cross-border trade and investment, the demand for efficient currency exchange processes is on the rise. RTGS systems enable institutions to execute foreign exchange transactions in real-time, reducing exposure to fluctuations in currency rates and enhancing cash flow management. Furthermore, the integration of RTGS solutions with trading platforms is streamlining the currency exchange process, creating a more seamless experience for users. As the need for efficient and reliable currency exchange solutions increases, this application is expected to significantly contribute to the overall growth of the RTGS market.

Others:

The "Others" application segment within the Real-Time Gross Settlement market encompasses various financial transactions that do not fall under the traditional categories of fund transfers, securities trading, or currency exchange. This includes applications such as payment for goods and services, interbank transactions, and other financial services that require immediate settlement. The growing trend of digital payment solutions and the rise of e-commerce are driving the need for real-time settlement capabilities across diverse applications. As businesses and consumers demand faster and more secure transaction methods, the adoption of RTGS systems across various applications is expected to increase. This segment’s growth reflects the broader trend of digitization in the financial services industry, emphasizing the importance of instantaneous processing capabilities.

By Region

The regional analysis of the Real-Time Gross Settlement market indicates significant variations in adoption rates and growth potential across different geographical areas. North America currently holds a substantial share of the market, driven by the presence of advanced financial infrastructure and a high concentration of global financial institutions. The region's RTGS market is projected to achieve a CAGR of approximately 8% over the next decade, fueled by ongoing technological advancements and the continuous evolution of payment systems. Conversely, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period, as emerging economies rapidly adopt digital payment solutions and improve their financial infrastructure. The increasing adoption of fintech solutions and regulatory reforms aimed at enhancing payment efficiencies are key drivers of growth in this region.

Europe is another significant region in the Real-Time Gross Settlement market, where the implementation of the Single Euro Payments Area (SEPA) initiative has facilitated cross-border transactions and improved payment processing efficiencies. The region is likely to experience steady growth driven by the need for compliance with regulatory standards and the demand for enhanced transaction security. Latin America is gradually adopting RTGS systems, primarily focused on improving payment systems and infrastructure to support economic growth. The Middle East & Africa region is witnessing a growing interest in real-time settlement solutions, as governments and financial institutions recognize the importance of digital transformation in their economies. Overall, the regional dynamics reflect a diverse landscape, with North America and Europe leading in market share, while Asia Pacific presents the most significant growth opportunities.

Opportunities

The Real-Time Gross Settlement market presents numerous opportunities for growth and innovation, particularly as financial institutions and businesses increasingly prioritize efficiency and security in their transaction processing. One of the most substantial opportunities lies in the integration of emerging technologies such as artificial intelligence, machine learning, and blockchain into RTGS systems. These technologies can enhance transaction processing speeds, improve fraud detection, and offer better insights through data analytics, allowing financial institutions to make informed decisions. Additionally, as more countries recognize the need for modernized payment systems, there is significant potential for expansion in developing regions, where the adoption of RTGS solutions can facilitate economic growth and financial inclusion. Investments in infrastructure and regulatory support in these regions can lead to a burgeoning market for RTGS systems.

Moreover, the increasing digitization of payment processes across various sectors presents an opportunity for RTGS providers to collaborate with fintech companies and payment service providers. Joint ventures can lead to innovative solutions that cater to the unique needs of different user segments, further driving market penetration. The rise of digital currencies and central bank digital currencies (CBDCs) also offers a unique opportunity for RTGS systems to evolve, accommodating these new forms of currency and enhancing transaction capabilities. As the landscape of financial transactions continues to change, RTGS systems can play a pivotal role in shaping the future of payment processing, presenting a wealth of opportunities for stakeholders in the market.

Threats

The Real-Time Gross Settlement market also faces several threats that could impact its growth trajectory. One of the most critical threats is the increasing risk of cyberattacks, which pose significant challenges for financial institutions that rely on RTGS systems for transaction processing. As cybercriminals become more sophisticated, financial institutions must invest heavily in cybersecurity measures to protect sensitive transaction data from breaches. Failure to secure these systems could lead to substantial financial losses and damage to the institutions' reputations. Additionally, the rapid pace of technological change means that financial institutions must continuously update their systems to remain competitive, which can be a significant financial burden, particularly for smaller institutions. The potential for system outages or failures can also create trust issues among users, leading to a reluctance to adopt RTGS solutions.

Another significant threat is the regulatory landscape, which is becoming increasingly complex and stringent. Financial institutions must navigate various regulations related to payment processing, data protection, and anti-money laundering, which can hinder the implementation of RTGS systems. Non-compliance with these regulations can result in hefty fines and sanctions, further complicating the operational environment for financial institutions. Additionally, as alternative payment solutions such as cryptocurrencies and decentralized finance (DeFi) gain traction, traditional RTGS systems may face competition, potentially disrupting the market. The convergence of these threats necessitates a proactive approach from stakeholders in the RTGS space to ensure resilience and adaptability in an ever-changing financial landscape.

Competitor Outlook

• SWIFT
• FIS Global
• Oracle Financial Services
• Able Solutions
• Temenos AG
• Clear2Pay
• VocaLink (a Mastercard company)
• ACI Worldwide
• Fiserv
• Jack Henry & Associates
• Bottomline Technologies
• SunGard (now part of FIS)
• SAP SE
• InfrasoftTech
• NICE Actimize

The competitive landscape of the Real-Time Gross Settlement market is characterized by a mix of established financial technology providers, traditional banking institutions, and innovative fintech startups. Key players such as SWIFT and FIS Global dominate the market with their comprehensive solutions and robust infrastructure, catering to a broad range of financial institutions across the globe. These companies have invested significantly in enhancing their RTGS offerings, focusing on advanced features such as improved transaction tracking, enhanced security protocols, and seamless integration with digital payment platforms. Additionally, the increasing demand for real-time payment solutions has prompted these incumbents to innovate continually, ensuring they stay ahead of emerging competition from fintech disruptors.

In recent years, several fintech companies have entered the Real-Time Gross Settlement market, leveraging their agility and technological capabilities to offer niche solutions tailored to specific user segments. Companies like Temenos AG and ACI Worldwide are gaining traction by providing modular solutions that can easily integrate into existing banks' systems, enabling them to enhance their payment processing capabilities without overhauling their entire infrastructure. Moreover, partnerships between traditional financial institutions and fintech firms are becoming more common, driving innovation and expanding the reach of RTGS systems. As competition intensifies, companies are increasingly focusing on customer service, with a strong emphasis on user experience and transaction transparency, which are becoming critical differentiators in the market.

In addition to established players, numerous smaller players are also emerging in the space, focusing on specific niches or underserved markets. For instance, companies like Bottomline Technologies and Clear2Pay are catering to specific user needs, such as enhancing the efficiency of cross-border payments or providing specialized solutions for corporates. These smaller firms are often more agile and can respond quickly to market changes, thereby capturing opportunities that larger players may overlook. As the market evolves, the competitive landscape will likely continue to shift, with collaborations, mergers, and acquisitions shaping the future dynamics of the Real-Time Gross Settlement industry.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 SWIFT
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Fiserv
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 SAP SE
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Clear2Pay
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 FIS Global
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Temenos AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 ACI Worldwide
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 InfrasoftTech
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 NICE Actimize
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Able Solutions
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Bottomline Technologies
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Jack Henry & Associates
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Oracle Financial Services
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 SunGard (now part of FIS)
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 VocaLink (a Mastercard company)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Real-Time Gross Settlement Market, By Type
    • 6.1.1 Hardware
    • 6.1.2 Software
    • 6.1.3 Services
    • 6.1.4 Infrastructure
    • 6.1.5 Payment Gateway
  • 6.2 Real-Time Gross Settlement Market, By User
    • 6.2.1 Banks
    • 6.2.2 Financial Institutions
    • 6.2.3 Government
    • 6.2.4 Corporates
    • 6.2.5 Others
  • 6.3 Real-Time Gross Settlement Market, By Component
    • 6.3.1 Solutions
    • 6.3.2 Services
  • 6.4 Real-Time Gross Settlement Market, By Application
    • 6.4.1 Fund Transfer
    • 6.4.2 Securities Trading
    • 6.4.3 Currency Exchange
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Real-Time Gross Settlement Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Real-Time Gross Settlement market is categorized based on

By Type

• Hardware
• Software
• Services
• Infrastructure
• Payment Gateway

By Component

• Solutions
• Services

By User

• Banks
• Financial Institutions
• Government
• Corporates
• Others

By Application

• Fund Transfer
• Securities Trading
• Currency Exchange
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• SWIFT
• FIS Global
• Oracle Financial Services
• Able Solutions
• Temenos AG
• Clear2Pay
• VocaLink (a Mastercard company)
• ACI Worldwide
• Fiserv
• Jack Henry & Associates
• Bottomline Technologies
• SunGard (now part of FIS)
• SAP SE
• InfrasoftTech
• NICE Actimize