RTGS Global appoints ex-CEO of CHAPS and Gauss Ventures partner to advisory board

As Nick Ogden’s brainchild RTGS Global, a new real-time domestic gross settlement platform, gears up for stage one of its launch, the group has announced a host of new board members.

First to join are Phil Kenworthy, ex-CEO of CHAPS (the UK’s Clearing House Automated Payment System), and Dr Ruth Wandhöfer, a partner at Gauss Ventures.

The duo join recently appointed RTGS Global executive director and former Citigroup EMEA boss Jim Cowles, with the company saying that more advisory board appointments are due “to be revealed in the coming weeks”.

On the new appointments Ogden said: “Today’s market is witnessing the global ramifications of the Covid-19 pandemic. Prior to this event the FSB [Financial Stability Board] and CPMI [Committee on Payments and Market Infrastructures] in their response to the G20, had highlighted that the global financial services industry required new, technology-driven solutions that make interbank liquidity auditable and visible.”

“The RTGS.global network was specifically designed to deliver the global solution to liquidity visibility. I am delighted to work with our highly experienced advisory board who are focused on assisting with developing the capabilities of our technology in our ongoing discussions with commercial banks and regulators around the world,” Ogden added.

In May RTGS Global said it is currently gearing up for a June launch of its new interbank payments network which will let banks authenticate liquidity instantly.