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.
Nomura Asset Management: Increasing settlement efficiency through transparency
Settlement fails are becoming increasingly expensive. And firms around the world are putting settlement efficiency at the top of their agendas as many markets transition to shorter settlement cycles. Learn more about how Nomura Asset Management are tackling this head on by adopting the Unique Transaction Identifier (UTI) and Swift Securities View.
Swift donation to NORSA Community Care set to provide specialist care facilities for new born babies
Swift will donate €10,000 to Norsa Community Care of Wellington, Western Cape as part of its 2015 Africa Regional Conference being held in Cape Town in May.
Swift at Sibos 2023: You’re here to discover. We’re here to deliver.
There’s a lot to discover on the Swift at Sibos programme this year in Toronto. So before you pack your bags – or log in with your digital pass – here’s your guide to what’s in store.
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.
MyStandards Readiness Portal helps ease onboarding process
Swift has launched the MyStandards Readiness Portal, a new cloud-based application that simplifies the client onboarding process by allowing message testing against bank specifications.
Volcker in full swing
Nearly four years after the Dodd-Frank Act passed, the Volcker rule has finally made its long-awaited passage.
Tony Wicks, Head of Financial Crime Compliance, talks to the Institute of International Finance (IIF)
Combatting financial crime
Transforming liquidity reporting: A case study in collaboration
Swift and Suade Labs team up to explore how to give regulators better and faster insights on market liquidity – all while reducing the reporting burden on financial institutions
How Lloyds Bank is harnessing the power of Swift data to mitigate risk
Mark Brotherton, Director, Fraud & Financial Crime, Commercial Banking at Lloyds Banking Group, and his team of over 100 specialists, sit on the front line in the battle against financial crime. We spoke to Brotherton about how they have developed an automated approach to combatting risk by leveraging Swift's data solutions
How cyber attackers ‘cash out’ following large-scale heists
By illuminating the final stage in the money laundering process, BAE Systems & Swift report supports efforts by banks to prevent, detect and respond to cyber-attacks