Reserve Bank of Australia

RITS Training CD-ROM

The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is owned and operated by the Reserve Bank of Australia.

A wide range of financial institutions are members of the RITS System including all Australian-licensed banks.

The system features assured payments where the cash element of all transactions is guaranteed by members' participating banks, ensuring all settlements are immediate and irrevocable.

Crossroads developed a training CD-ROM to be issued by the Reserve Bank to the users of the RITS system.

The CD-ROM includes outlines of the features and functions of the RITS system, and also includes 31 video demonstrations of "how-to-use" the various functions of the RITS system. These application video demonstrations describe/demonstrate step by step actions necessary to complete a particular function within the RITS application.

The CD-ROM also contains a glossary of terms, help facilities, and email links to the Reserve Bank's Help Desk.

Previously the training was conducted "face to face" utilising PowerPoint presentations. The CD-ROM can be utilised either as a standalone training vehicle by the end user or used in a classroom environment by a Reserve Bank RITS instructor.