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.
Swift highlights the four key factors that are set to shape the development of Africa’s securities markets
Diani, Kenya, 25 November 2014 - Swift is a proud sponsor of this year's ASEA Conference, now in its 18th year. The 2014 event brings together the Association's members of 23 African securities exchanges as well as investors from the United States, Europe, the Middle East and Asia to discuss the evolving role of the capital markets in driving Africa's growth potential.
Market infrastructures and Swift drive ISO 20022 market harmonisation
Swift hosts ISO 20022 MI Summit.
Transforming the ASEAN landscape with Innovation and Cybersecurity
Development of trust is paramount for the industry
The potential and pitfalls of Central Bank Digital Currencies
Much of the debate around Central Bank Digital Currencies (CBDCs) has focused on their domestic impact, but they have the potential to transform the most fundamental building blocks of international economic activity by creating new opportunities for faster, cheaper and more secure cross-border payments.
The potential and pitfalls of central bank digital currencies
Much of the debate around Central Bank Digital Currencies (CBDCs) has focused on their domestic impact, but they have the potential to transform the most fundamental building blocks of international economic activity by creating new opportunities for faster, cheaper and more secure cross-border payments
Swift takes action with ambitious science-based carbon reduction targets
Our carbon-reduction targets have been validated by the Science-Based Targets initiative (SBTi) and we’re excited to now share our roadmap for achieving them.
Steady rise in standardisation of cross-border funds processing in 2013
The European Fund and Asset Management Association (EFAMA), in collaboration with Swift, has today published a new report on the evolution of the automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland in 2013. This report, entitled "Fund Processing Standardisation" , underscores the industry's commitment to move away from manual processes towards more efficient automation and standardisation practices.
Funds processing rates reach new levels of automation
New report from EFAMA and Swift confirms total industry standardization and automation rates continue to progress.
A seven-step guide for effective sanctions list management
Swift’s Nicolas Stuckens talks to Money Laundering Bulletin.