Another successful development project was completed by AS Datel software department - a new software MAAG (Payment Agent) for Eesti Pank | Bank of Estonia which replaced the existing software CAPI (Clients, Accounts and Payment Interface). The project was related to the launch of the Eurosystem's new real-time gross settlement system (RTGS) and central liquidity management tool on 20 March 2023.

This project was initiated by European Central Bank in December 2017 with the aim of harmonizing and integrating TARGET (euro payment system) services for the benefit of Europe’s financial markets and improving cost efficiency. The new system offers enhanced cyber resilience and optimizes the use of liquidity, as participants are able to steer, manage and monitor liquidity in central bank money across all TARGET services.

More: European Central Bank press release, 21 March 2023