Financial Crime Compliance: A Growing Challenge for Corporates
By Jutta Demant, Franz-Xaver Puy Michl and Thomas Woelk, Members of the Cash & Liquidity Ressort of VDT e.V. and of the EACT – Fraud working group
APAC Funds Processing Automation and Standardisation Report – H1 2018
The objective of the APAC Funds Processing Automation and Standardisation report, provided by Swift and its partners HKIFA, ALFI and AFAC, is to provide periodic information on the industry’s progress towards increased levels of automation of fund orders and the use of ISO standards. Users of this report include market players involved in funds processing transaction flow, asset managers, regulators & policy makers and other interested stakeholders.
Pre-validation demo video
The Pre-Validation initiative aims at delivering services to detect issues in payment transactions before they are sent for execution. They make error resolution much cheaper and payment execution as a whole more efficient. Swift is developing a payment validation service offering banks a single end-point to access easily an array of services to validate the transaction data computed at initiation in a contextualised manner. For more information, download the payment validation service demo…
APAC Funds Processing Automation and Standardisation Report
The objective of the APAC Funds Processing Automation and Standardisation report, provided by Swift and its partners HKIFA, ALFI and AFAC, is to provide periodic information on the industry’s progress towards increased levels of automation of fund orders and the use of ISO standards. Users of this report include market players involved in funds processing transaction flow, asset managers, regulators & policy makers and other interested stakeholders.
How FMIs are improving operational efficiency in the Asian fund industry
Asian fund markets are growing, and flows between them are bound to increase as a trio of regional fund passport schemes come into effect, but variations in communication standards and levels of automation between markets will obstruct progress unless they are addressed. The recently formed Asia Funds Standardisation Forum (AFSF) is doing exactly that. Alexandre Kech, Head of Securities Markets and Standards for Swift in Asia Pacific, discussed how financial market infrastructures (FMIs) are…