Cip

CIP, a non-profit civil association, is part of the Brazilian Payment System (SPB). With 15 years of existence, it has in its portfolio solutions and services that contribute to the development of the financial market and society. In 2015 alone, CIP processed more than 3.2 billion transactions in the country, totaling over R $ 7.7 trillion settled,... which corresponds to 1.31 of Brazil's GDP. Created on April 10, 2001, as Clearingban, CIP began operations with the SITRAF (Fund Transfer System) for settlement of TEDs (Electronic Transfer Available). At the time, the increasing globalization of the economy and the interdependence of the financial markets began to demand stricter and more sophisticated bases for the payment system. CIP's solutions and services provide reliability, availability and security to the financial market and all the systems in the organization that are monitored operate with availability that ensures efficiency to the business of its Participants. Numerous institutions directly use CIP's solutions and services, such as banks, accreditors, registry offices, funds, database managers, the state government of So Paulo and the public in general, among others. CIP has complete redundancy of its environments and is certified by ISO 27.001 - Information Security and ISO 22301 - Business Continuity, being one of the first organizations to guarantee these certifications in Brazil. Internationally recognized, CIP participates in events outside the country to present its services and solutions, to learn about other market practices and to promote the improvement of means of payment in the world. The institution is a member of the IPFA - International Payments Framework Association, of the Latin Association of Compensation Chambers, of the Global Payments Forum.Read More