Buy side holds key to ETC harmonisation across industry
London, 19 March 2013 - The lack of an industry standard solution for electronic trade confirmation (ETC) is driving up industry costs, as buy sides deliberate about which technology platform best suits their business. This is among the key findings of the latest in a series of reports from analyst firm Aite into the challenges of and solutions for trade verification in the market today.
25 years of Swift in Romania - Community and collaboration
On 8 November 2017, the Romanian banking community gathered in Bucharest at the eighth edition of the Swift Business Forum Romania, an international landmark event organized jointly by the Romanian Association of Banks (RAB) and Swift, to celebrate the 25th anniversary of the first Romanian banks connecting to Swift.
Market participants embrace the direct route to T2S as 2015 deadline approaches
Brussels, 30 September 2014 - As activity among market participants choosing to directly connect to T2S intensifies, new Swift research looks at the benefits of taking the direct route to T2S and the opportunity to build new business models, access new markets more easily and deliver new services to clients, which are being explored by the first wave of pioneering Directly Connected Participants (DCPs).
Blockchain – Progression in securities markets?
Blockchain solutions for payments seem about a dime a dozen. BNY Mellon’s Tom Casteleyn explains the latest DLT trends impacting securities.
Transforming securities settlement through transparency
Swift Securities View won Best New Asset Servicing Project at Global Custodian’s Leaders in Custody awards 2023. This recognises the rapid uptake from the industry and significant potential of the service to improve transparency across post-trade settlement. Simon A.X. Daniel, Securities Product Manager at Swift, explains.
ISO 20022 in bytes for payments: Exploring the benefits of ISO 20022 adoption with real-life use cases
ISO 20022 usage continues to gain momentum. Since the start of coexistence, an average of 620,000 ISO 20022 messages have been exchanged every single business day on our network. And this between 1,200+ sending institutions and 5,800+ receiving institutions in over 200 countries.
If you’d like to learn more, you can find a monthly summary of the key migration statistics in the ISO 20022 Document Centre.
And in just a few weeks, Transaction Manager will finish with its live traffic build-up…
Statement on Covid-19 Precautions
The Covid-19 pandemic continues to escalate around the world, impacting millions. Swift, like financial institutions, has put in place strong measures to protect the health and wellbeing of its employees and community while ensuring very robust business and operational continuity plans.
Swift publishes 2015 UN Global Compact Communication on Progress
Swift is committed to conducting business in a sustainable way. This report to the United Nations Global Compact (UNGC) presents Swift’s 2015 sustainability achievements as well as our human rights, labour, environment and anti-corruption policies.
Swift and CSD community advance blockchain for post-trade
Swift and central securities depositories join forces to demonstrate the value of standards in distributed ledger technology for securities markets, such as proxy voting and digital assets
Swift launches Swift Go, a fast, cost-effective service for low-value cross-border payments
- New service enables businesses and consumers to send payments in seconds with full transparency and strong security
- Swift Go is a key building block in the co-operative’s strategy to enable instant and frictionless cross-border transactions
- Seven leading global banks already live with the service