Imagining what a Sovereign Payment Platform could look like
RPIB Requirements vs Trusek’s UPS Platform Capability
Download our comparative assessment exploring how Trusek’s Universal Payment System (UPS) aligns with the Bank of England Retail Payments Infrastructure Board’s Sovereign Infrastructure requirements.
As discussions around Sovereign Payment Infrastructure continue to accelerate across the UK and Europe, understanding how existing technology platforms align with emerging requirements is becoming increasingly important.
Trusek estimates that its deployable Unified Payment System (UPS) already aligns with approximately 65% of the published Sovereign Infrastructure technical requirements.
This assessment provides a high-level comparison between the Bank of England Retail Payments Infrastructure Board (RPIB) requirements and the capabilities of the UPS platform.
Key Highlights
Overview of the RPIB sovereign infrastructure framework
Capability comparison against the UPS platform
Identification of capability gaps and development opportunities
Insights into how an existing platform could accelerate prototype timelines
What you will learn
RPIB Requirements Overview
A concise overview of the Bank of England Retail Payments Infrastructure Board objectives and published technical requirements for sovereign retail payment infrastructure.
UPS Capability Assessment
A high-level comparison between the UPS platform’s capabilities and the requirements identified by the RPIB framework.
Implementation Perspective
An exploration of how existing deployable infrastructure could contribute to prototype development and accelerate delivery timelines.
Capability Snapshot
The report includes a high-level assessment of how the UPS platform aligns with several key payment infrastructure capabilities.
Capability Areas Reviewed
| Capability | Current Alignment |
|---|---|
| Account-to-Account Core | Strong |
| Real-Time Settlement | Strong |
| API-First Architecture | Strong |
| Node-Based Infrastructure | Strong |
| Compliance Engine | Good |
| FX / Multi-Currency Support | Good |
| Data Security | Good baseline |
The full report also highlights capability areas that would require further development to fully meet sovereign infrastructure specifications.
Published Information Sources
To enable us to acquire the baseline of the Future Retail Payments infrastructure Requirements following published requirements were reviewed and summarised:
GOV.UK (HMT Strategy): link here
Bank of England (NPV Overview): link here
UK Finance (DeliveryCo EOI): link here
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