Alliance security officer
A predefined operator on an Alliance interface. Any Alliance interface has two Alliance security officers: the left security officer, and the right security officer. The security officer exercises dual control over the configuration and the management of the security functions within Alliance. The Alliance security officer has no operational role whatsoever outside the Alliance environment.
See also left security officer and right security officer.
Related linksSecurity Officer Guide
left security officer (LSO)
A role that carries joint responsibility with the right security officer for the configuration and the management of the security functions within Alliance products.
Related linksSecurity Officer Guide
right security officer (RSO)
A role that carries joint responsibility with a left security officer for the configuration and the management of the security functions within Alliance.
Financial industry agrees offshore RMB guidelines
Hong Kong, 13 February 2012 - As international use of the Chinese currency grew exponentially over the past eighteen months, financial institutions around the world identified important issues around efficient processing of payments, treasury and securities transactions using the renminbi (RMB). After initial discussions by groups of institutions in Hong Kong actively involved in settling offshore RMB across securities and transaction banking markets, the industry has now defined a new set of…
Swift sets industry up for seamless introduction of CBDCs for cross-border transactions as interlinking solution finds more use cases
Collaborative experiments with 38 global institutions demonstrate new use cases for Swift solution across digital trade, securities and foreign exchange
Swift solution could enable financial institutions to easily incorporate CBDCs and other digital assets into common business practices
Connector can interlink multiple networks and could lead to automated trade flows and unlock growth in tokenisation
Swift Post-Trade Survey: Cost and risk rival regulation as drivers for post-trade automation
Sibos, Dubai - 16 September 2013 – Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced at Sibos the findings of its Post-Trade Survey 2013. They show that although regulation is a powerful driver to increase post-trade automation in the current environment, cost reduction is an equally important pressure – closely followed by risk management.
Philippines aiming for inclusion with modernisation and standardisation
Over 400 gather at Philippines Business Forum. Community address pressing issues of technology and compliance versus their ambitions of internationalising Philippines.
Swift selected as a Network Service Provider to all TARGET services
Swift is to provide connectivity to all Eurosystem market infrastructures (also known as TARGET services) via the new European Single Market Infrastructure Gateway (ESMIG), supporting the free flow of cash, securities and collateral across Europe.
Susquehanna Bank joins Swift using Alliance Lite2
New York, August 12, 2013 - Swift, the financial messaging provider for more than 10,000 banking organizations, securities institutions and corporate customers in 212 countries and territories, announces that Susquehanna Bank has joined the Swift network using Alliance Lite2, a cloud-based connectivity solution.
Julien Blanchez appointed Head of Data Analytics at Swift
Swift recruits senior executive from Google
Swift wins trio of prestigious industry awards
In 2018, Swift’s Financial Crime Compliance (FCC) services, Global Payment Initiative (Swift GPI) and Customer Security Programme (CSP) were all recognised for their contribution to financial services.
New milestones for ECB T2-T2S consolidation project and the European instant payments initiative
In July 2020, the European Central Bank (ECB) announced that the project timeline to consolidate TARGET2 (T2) and TARGET2-Securities (T2S) would be extended by one year following discussions with the European financial community.
Management Changes
Chris Church to step down; Javier Pérez-Tasso appointed Chief Executive of the Americas, UK, Ireland and Nordics.