Solving the post-trade transparency challenge
How can a unique transaction identifier for the securities industry help you prevent settlement fails, reduce costs and risk, and improve your customers’ experience? Download our paper to find out.
CICI Utility sets strong foundation and prepares for continued growth in 2013
New York, NY - January 30, 2013 - The Depository Trust & Clearing Corporation (DTCC) and Swift announced today that their global legal entity identifier (LEI) solution has progressed at a robust pace since its August, 2012 launch with more than 47,000 entities from 125 countries registered in the US Commodity Futures Trading Commission (CFTC) Interim Compliant Identifier (CICI) database.
Swift adds new real-time delivery channel for payments reference data
New SwiftRef APIs provide an automated data look-up service that identifies and validates BICs, LEIs, IBANs, settlement instructions and national bank codes against the latest data in real time.
Payment services and AML directives address regulatory challenges with third party providers
New academic research from the Swift Institute analyses the latest payments regulations, identifying gaps and consequences with recommendations to help clarify new policies.
Major trade banks and ecosystem players highlight key enablers for trade digitisation
In our latest paper, we discuss how trade has been impacted by the pandemic, drawing on data and the voice of our community to identify what’s needed to successfully facilitate digitisation in this area.
Regulatory Oversight Committee Endorses CICI Utility Developed by Swift and DTCC as a Globally Accepted Pre-LOU
Brussels - 9 October 2013 - Swift announced today that the CICI Utility, the interim global legal entity identifier (LEI) solution developed in collaboration with the Depository Trust & Clearing Corporation (DTCC), has been endorsed by the Regulatory Oversight Committee (ROC) as a pre-Local Operating Unit (LOU).
Swift tackles major friction in securities industry with first end-to-end view of post-trade processing
Cooperative piloted first phase of new capability, called Swift Securities View, with leading financial institutions as part of push towards ‘zero-touch’ processing
Leverages the power of a Unique Transaction Identifier to make the complex flow of a securities trade as simple as tracking a package
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.
Five payment trends for growth based on current condition
In recent years, businesses adapted to the evolving business environment and shifting economic conditions, believing it was temporary. After three years, we recognize these changes are just the beginning of a new fast-paced, rapidly-changing era. J.P. Morgan’s Forecasting Payments webinar has analyzed recent trends and identified five overarching themes to keep top-of-mind to navigate success in 2023 and beyond.
Fewer settlement fails through more visibility
Greater transparency into the trading lifecycle – enabled through the unique transaction identifier and Swift Securities View – could help avoid costly settlement fails, especially as more markets move to T+1. Tracy Chou, Senior Securities Expert at Swift, explains.