Alliance security officer
A predefined operator on an Alliance interface. Any Alliance interface has two Alliance security officers: the left security officer, and the right security officer. The security officer exercises dual control over the configuration and the management of the security functions within Alliance. The Alliance security officer has no operational role whatsoever outside the Alliance environment.
See also left security officer and right security officer.
Related linksSecurity Officer Guide
left security officer (LSO)
A role that carries joint responsibility with the right security officer for the configuration and the management of the security functions within Alliance products.
Related linksSecurity Officer Guide
right security officer (RSO)
A role that carries joint responsibility with a left security officer for the configuration and the management of the security functions within Alliance.
Banks see “clear potential and value” in Swift’s experimental CBDC connector after sandbox collaboration
Swift innovation enables CBDCs to move seamlessly on existing financial infrastructure and efficiently scale for international transactions across more than 200 countries
18 central and commercial banks encourage continued development after nearly 5,000 CBDC-to-CBDC and CBDC-to-fiat simulations over 12-week period
Swift will build beta version for further testing and explore additional use cases in securities settlement and trade finance
Swift launches four additional indices to help forecast GDP growth
Brussels, 11 October 2012 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, has announced the launch of the Swift Index UK, Germany, US and EU27. These four additional indices reinforce Swift's Business Intelligence portfolio, and will act as leading indicators of national and regional Gross Domestic Product (GDP) growth.
Swift eases trade reporting for EMIR compliance
Brussels, 14 January 2014 - Following the European Securities and Markets Authority's (ESMA's) approval of six trade repositories, there is a start-date of 12 February 2014 for derivatives trade reporting under the European Market Infrastructure Regulation (EMIR). From 12 February, entities affected by the EMIR reporting obligations will need to report their trades to one of the newly-authorised repositories.
Achieving Harmony with ISO 20022
Three days of events focus on Standards in New York Top executives from global banks and market infrastructures met at Swift’s New York offices in May 2016 for the fourth Market Infrastructure Summit. The day’s agenda focused on the execution of the ISO 20022 Harmonisation Charter, i.e. how to turn the Charter best practice principles into an operational reality. Each of the key principles was extensively discussed: sharing information, publishing service information on MyStandards, adhering to…
Growth in Swift’s business in the Middle East outperforms global growth
Dubai, 6 February 2013 - Swift, the financial messaging provider for more than 10,000 banks, securities institutions and corporate customers in 212 countries and territories, today announced that its business in the Middle East has outperformed the total growth of the business globally by 45%, underpinning the growing importance of the region as a hub for international banking and finance.
New report reveals “significant gaps in industry’s T2S adaptation plan”
Brussels, 6 March 2013 - The key findings of a new report from Celent, produced in conjunction with Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, show some "major discrepancies" among market participants when it comes to their readiness for T2S.
Case Study: Dassault Systèmes became the first of BTMU’s customers to use 3SKey
3SKey, Swift’s personal identity key, has been widely implemented by corporations in Europe, particularly in France, as a way of enhancing transaction security whilst also enabling transactions to be verified in a consistent way across banking partners.
Banks enhancing offerings to tackle internal corporate fraud
Brussels, 5 September, 2013 – Faced with increasing security concerns and risks of internal fraud, corporates and banks are looking for ways to extend controls on their banking communications. Swift has released a paper that looks at how banks are responding to such needs with advanced user identity and mandate management services, traditionally limited to their online banking channels, now also available on their direct connectivity channels.
Swift Institute: Investigating cybersecurity risk minimisation practices across Africa
Read how institutions in Africa are responding to cybersecurity threats through detective and preventative measures, the implementation of Information Security Polices and the adoption of frameworks to streamline their cyber-risk management processes.
Swift launches new cloud-based connectivity
Brussels, 25 July 2012 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, announces the launch of its new cloud-based connectivity: Alliance Lite2.