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compatible customer managed interface

A messaging and communication interface connecting to the Swift network. Messaging and communication interfaces are provided by Swift and compatible third-parties vendors. Customers must connect to Swift through a Swift compatible interface.

Communication interface software provides a link between the SwiftNet network and the messaging interface software. It provides centralised, automated, and high-throughput integration with different in-house financial applications and service-specific interfaces.

Messaging interface software supports the use of Swift messaging protocols (FIN, RMA, InterAct store-and-forward, FileAct store-and-forward, FileAct real time). They enable customers to connect business applications to Swift messaging services and enable the maximum automation of system management tasks.

Related links
Swift Compatible Interface Programme Overview

Customer Operations

The Swift department that fulfils customer orders end-to-end, administers customer data and contracts, and ensures secure customer access to SwiftNet services. The Customer Operations department also collects and publishes official information (for example, BIC and directories) and is responsible for the system and the network's provisioning that enable customers to work with Swift. The department also takes care of the maintenance and support of the internal IT and applications, including the infrastructure security.

Related links
Ordering (www.swift.com)

customer parent destination (CPD)

The primary BIC of a customer designated as Swift head of traffic of a group.

Innotribe launches its Startup Challenge for Latin America

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The Innotribe Startup Challenge is travelling to Latin America for the first time in search of the best startups to showcase their products during the Swift Latin American Regional Conference in June

Swift support for the FX Market – Measuring your FX activity share by instrument

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The newly enriched FX data service from Swift uses real transactions to measure activity share and competitive position on an instrument-by-instrument basis.

Swift and Blitz Group automate transaction flow between brokers and banks for securities clearing in Vietnam

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Hong Kong, June 19, 2012 – Swift announced today that its solution for automated cash and securities clearing between Securities Companies (Brokers) and Banks (and Custodians) is now live in Vietnam.

Sibos Academy launched at Sibos 2020

News
Sibos Academy, facilitated by the Swift Institute, provides expert, educational and community-focused content to foster dialogue through diversity of thought.

Swift Innotribe Announces Finalists for Startup Challenge at Sibos, Dubai

News
Brussels, 17 July 2013 - Innotribe, Swift's initiative to enable collaborative innovation in financial services, has announced the 15 finalists for the 2013 Innotribe Startup Challenge finale. The finalists, selected from over 200 applicants by a panel of expert investors and financial industry professionals in Europe, the Americas and Asia, represent the most important up and coming products and services for the financial sector.

De-risking in Africa on the rise, according to latest Swift data

News
Swift data shows that banks around the world are reducing their correspondent banking relationships with a focus on perceived higher-risk jurisdictions, including Africa

Hong Kong RTGS to adopt Swift’s market infrastructure resiliency service

News
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.

Variations in US/EU law can lead to compliance challenges for multinational banking community

News
New academic research from the Swift Institute shows that conflicts between information sharing and data privacy can lead to information breakdowns across jurisdictions

Swift donation to NORSA Community Care set to provide specialist care facilities for new born babies

News
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.

A work of friction? Drivers towards seamless securities settlement

News
In the second of three articles, Swift’s Head of Securities Strategy, Vikesh Patel, considers the building momentum for shorter settlement cycles and frictionless post-trade processes – and what this means for the current market structure.
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