SwiftNet Registration Authority (RA)
A Swift-registered body that identifies and authenticates an institution and the initial users of the SwiftNet Public Key Infrastructure (for example, an institution's security officer).
2019 changes to message standards will raise rates of automation in the FX industry
Find out what’s in store for November’s Swift’s Standards Release
The Swift-CLS partnership in FX reduces risk and adds liquidity
By providing the reliable and resilient messaging infrastructure that underpins over $5 trillion a day of gross foreign exchange (FX) flows through CLS, Swift is supporting risk reduction and liquidity management in the FX market.
Putting the brake on securities settlement fails
Major improvements have been made to the securities services operating model over the last decade, but inefficiencies in the trade settlement process continue to be a recurrent challenge – and it requires a speedy resolution.
Exceeding 7 billion message mark, just one of the highlights of a successful 2017 at Swift
Swift’s FIN traffic rose to an all-time high of 7.1 billion messages in 2017, fuelled by double-digit growth in global payments
Growth in payments drives Swift annual traffic to exceed 7 billion message mark
Operational performance evidence Swift’s capacity to meet market needs
Instant – the new normal
Carlo Palmers, Head of Market Infrastructures at Swift, talks to Daily News at Sibos editor Heather McKenzie about Instant Payments
Swift completes landmark DLT PoC
• PoC successfully delivers business functionalities
• DLT instance meets governance, security and data privacy requirements
• ISO 20022 data model and UETR pivotal to improving Nostro processes
• DLT a strategic priority for Swift
Settlement fails: Getting to the root of the problem
Securities settlement fails create both added costs and operational risks for trading counterparties. These challenges are only going to intensify under CSDR’s Settlement Discipline Regime and the decision by certain markets to adopt T+1. Better transparency on securities transactions will be essential if we are to reduce settlement fails moving forward.
Successful testing paves way for CBDC use cross-border
Central and commercial banks see “clear potential and value” in Swift’s pioneering CBDC interoperability solution, following successful testing in a sandbox environment.