service administrator destination
A valid Swift eight-character BIC that Swift assigns to the service administrator. The service administrator destination is used in digital signatures. The service administrator destination can be the same as the primary server destination.
service administrator related participant (SARP)
A Swift user that belongs to the same financial institution as the service administrator. To be considered as part of the same financial institution, Swift must register the service administrator related participant and the service administrator as belonging to the same group of customers for traffic aggregation purposes.
Sibos 2023 kicks off: Collaboration, fragmentation, innovation
Collaboration and responsible innovation to overcome fragmentation and drive a sustainable future are top of the agenda as the financial industry gathers for Sibos 2023.
Reflecting on a year of shared progress
We take a look at some of our community’s key achievements in 2023 and look forward to what’s coming in 2024.
Fires, floods, and loans: How banks can deal with increasing climate risks
Climate-related perils are on the rise—both threatening banks’ loan portfolios and offering new business opportunities.
China’s new financial sector reforms: will they go far enough?
Swift Institute and Knowledge@Wharton thought leadership series continues with a focus on China
10 takeaways from Swift at Sibos 2023
Check out these top takeaways from a week of inspiring discussions and watch Swift at Sibos sessions on demand.