QUICK DEFINITION
Real-Time Gross Settlement — A settlement model in which individual payments are settled continuously and finally rather than netted for later settlement.
WHY IT MATTERS
Why Real-Time Gross Settlement matters in finance
RTGS systems sit at the core of high-value payments and intraday liquidity management.
FINANCIAL SYSTEM CONTEXT
← Back to the Financial Security GlossarySecurity is also a market-infrastructure question
In financial services, real-time gross settlement should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.