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.
Technology is cutting costs but cleaner data could transform how FX markets work
Digital technology now promises full automation for FX transaction processing, but the power of AI and machine learning is yet to be felt because FX datasets are not available in standardised, machine-readable formats.
Delivering a global platform for the financial services API economy
New Swift white paper explores how the global financial services industry can unlock the potential of API technology
Singapore overtakes London as top RMB offshore clearing centre after Hong Kong
Brussels, 28 April 2014 - Swift data shows that Singapore's RMB payments value increased by 375% between March 2013 and March 2014, making Singapore number one in terms of RMB world payments value, excluding China and Hong Kong. Singapore's weight represents 6.8% of the overall RMB payments value, second behind Hong Kong, which still leads with 72.4%. London overtook Singapore in June 2012, but, since February 2014, it has slipped behind Singapore despite a good growth rate of 203% year-over…
Exploring tokenised assets: Collaborative innovation in action
Working with Clearstream, Northern Trust, SETL and others, Swift plans experiments in Q1 2022 to explore how it can support interoperability in the development of the tokenised asset market.
French asset manager OFI AM live on Swift
The integration of Alliance Lite2 by BMSoftware enabled OFI Asset Management to exchange its first messages over Swift less than two months after the launch of the project.
The talk of Sibos: Swift GPI
Swift’s global payments innovation (gpi) initiative in the spotlight
Hong Kong RTGS to adopt Swift’s market infrastructure resiliency service
Hong Kong, 17 September 2014 - Swift today announces that it has signed an agreement to provide Hong Kong Interbank Clearing Limited (HKICL) with its new Market Infrastructure Resiliency Service (MIRS). Under the terms of the agreement, HKICL will deploy MIRS for Hong Kong's Real-Time Gross Settlement (RTGS) system supporting HKD, USD, EUR and RMB currencies.
Swift innovates to remove friction in corporate actions
We’re collaborating with seven securities players – including American Century Investments, Citi, Vanguard and Northern Trust – to drive efficiencies in communicating significant corporate events. The project will trial an ambitious solution powered by Symbiont’s enterprise blockchain platform.