In a pioneering move for the region, Sri Lanka implemented the Scripless Security Settlement System (SSSS), transforming how government debt instruments were traded and settled. Just In Time Technologies played a key role in this landmark project, collaborating with Logica (now CGI), a global leader in IT solutions
The SSSS, an award-winning, purpose-built system, enabled the settlement of government securities in electronic, scriptless form, ensuring greater efficiency, transparency, and security. This implementation, alongside the RTGS system, positioned Sri Lanka as the first in South Asia to adopt both Real-Time Gross Settlement and Scripless Securities Trading, showcasing the country’s commitment to innovation in the financial sector.