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.
Taking the guesswork out of managing expected funds
J.P. Morgan innovates to offer Swift’s inbound payments tracking service via APIs
Swift enables payments to be executed in seconds
New service links Swift GPI, banks and domestic real-time payments systems
Standard Chartered goes live in Germany with Swift GPI
An addition to its gpi service that went live in the United States and Singapore in 2017
Banks and corporates use Swift for OTC derivatives reporting
At a time when financial markets participants are struggling to handle multiple new regulatory requirements, notably in the Over-The-Counter (OTC) derivatives space, many are finding that they can leverage existing Swift services and capabilities.
Swift report reveals RMB’s struggle to strengthen position in 2017
Digital usage on services such as Swift GPI sets the stage for improved RMB growth
Innovation series: collaboration and disruption
In this episode, our experts discuss collaboration and disruption between Fintech and incumbent financial service providers
Swift at Sibos Day 3 – Technology at the forefront of innovation
Technology is fast transforming the digital economy, opening up new possibilities for the entire financial services ecosystem.
Swift Statement on OpenSSL
Swift can confirm that our core messaging services, our cloud connectivity services and our customer-installable Swift products are not, and never have been, exposed to the OpenSSL vulnerability (CVE-2014-0160). The same applies to all other value added services provided by Swift, such as Sanctions Screening, Accord and Euro1/Step1. Swift.com, as well as Swift internal applications, tools and data, are also fully protected from the vulnerability.
Swift eases data industry challenges with new analytics tool
New service provides customers with a deeper analysis of their payments and trade finance traffic over Swift.
Oschadbank is first bank in Ukraine to go live on Swift GPI
Swift GPI enables Oschadbank to offer a fast, transparent and trackable international payments service to its clients