LAMPS:
Liquidity Assurance Management and Payments System

Based on our deep domain experience in both treasury and SWIFT messaging solutions, Synlog has recently put together an RTGS readiness solution for those countries where RTGS has been introduced by the Central Bank.

LAMPS is a robust RTGS readiness solution addressing the emerging requirements of participants in a market moving to an RTGS system of settlements. The solution includes a flexible, configurable payment hub for the Bank while also providing a control panel for the Bank's liquidity manager. LAMPS facilitates consolidation of various payment and settlement arrangements into an integrated system, which functions in a real time environment.

LAMPS consists of two main components:

RTGS Liquidity Manager (RLM) maintains a shadow account of the central RTGS account of the Bank, and monitors all transaction activity in real time. RLM projects account balances based on expected receipts and payments and reconciles these against actuals in real time. RLM also facilitates liquidity management by scheduling payment messages to the RTGS system.

RTGS Payments Hub is a flexible, rugged and secure messaging platform developed to conform to various international financial messaging standards such as SWIFT. The Payments Hub enables connectivity to various internal applications in the Bank such as core banking, treasury, cash management, electronic banking, etc on the one hand as well as to the RTGS gateway and the SWIFT gateway on the other.