National Bank of Georgia goes LIVE with Montran ATS and CSD

December 2010 – National Bank of Georgia replaces their Montran Real Time Gross Settlement System with the Montran Automated Transfer System, incorporating both automated clearing house processing and real time gross settlement.

National Bank of Georgia also went LIVE with the Montran Central Securities Depository System, implemented to perform the complete management of Government debt and NBG financial instruments, with full support over dedicated interface for the settlement of auction and trade results on the relevant Bloomberg platforms. NBG CSD is designed to cater for the complete management of secondary market operations (out-right sales, repurchase agreements, pledges) including a highly sophisticated state of the art loan management mechanism fully automated with the NBG General Ledger application.