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Wholesale CBDC Pilot Programme

CBDCCentral BankingArchitecture

Challenge

A central bank programme team needed to evaluate wholesale CBDC architecture options for interbank settlement modernisation while maintaining operational continuity.

Approach

We provided architecture advisory and prototype development support, focusing on settlement finality guarantees and integration with existing RTGS infrastructure.

Outcome

The engagement produced a structured architecture decision record, pilot-scope recommendations, and a phased implementation risk register.

Challenge

The central bank sought to understand how wholesale CBDC infrastructure could complement or eventually replace elements of existing settlement systems. Key concerns included settlement finality, operational resilience, and regulatory compliance.

Solution

Our engagement focused on architecture evaluation and prototype development. We worked alongside the central bank's technical team to assess different consensus mechanisms and their implications for settlement finality. Architecture artefacts and decision records were prepared for internal review.

Outcome

The engagement informed CBDC strategy development and enabled a more disciplined pilot planning process. Quantitative programme metrics remain confidential pending client publication approvals.

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