PKI in Action: Inter-bank Financial System The Bank of Thailand - PowerPoint PPT Presentation

PKI in Action: Inter-bank Financial System

The Bank of Thailand • The Central Bank of Thailand • Established in 1942 • Operates Thailand’s Interbank High-value and High- volume Payment Systems 2 Ref: http://www.bot.or.th/English/AboutBOT/Pages/index.aspx

Financial System and PKI Development Timeline 2 nd Generation 1 st Generation 3 rd Generation 2001 • New business req. • Internet Technologies 1995 • $100B / day 2003 2012 May, 2013 • Real Time Gross • Electronic Data • Imaged Cheque Clearing • Technologies Settlement System (RTGS) Submission • One day clearing nation ‐ wide Update 1998 • Proprietary Technologies • 1 TB /month • 220K Cheque cleared / day • Ready for • Electronic Report Cross ‐ border Submission transaction • 1 st System to use PKI Thailand’s PKI 1995 2000 2005 2010 2015 Infrastructure reach maturity PKI and Internet • Security and PKI Infrastructure for Trusted 3 rd Party CA Technology reach Interbank Financial Systems • Support new technology • BOT as CA • maturity and devices • Many paper works May, 2013 2001 Some PKI Regulations. 1 st Generation 2 nd Generation No PKI Regulations yet. 3 Ref: http://www.bot.or.th/English/PaymentSystems/Pages/index.aspx

Critical Success Factor Management Support Members Acceptance and Trust Staff Competencies FUTURE • Expand User Group PKI Law and Regulations for Technology Maturity Financial System Accountable Agreement and Processes Infrastructure Maturity FUTURE • Regional and Global FUTURE Cooperation • Handle new opportunities and threats 4

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