CGI reduces costs for corporates and banks
Brussels, 16 October 2012 - The Common Global Implementation initiative (CGI) announced today that it has published best practice guidelines for corporate-to-bank communication based on ISO20022 messages. Codifying and promoting the use of common formats in the corporate-to-bank payments space will help reduce costs and simplify implementation processes for corporates that are managing multiple bank relationships.
Bank readiness (per bank)
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Swift Institute issues cyber challenge to Canadian students
Swift Institute Student Challenge offers Canadian students reward for new cyber security solutions
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.
No ‘Big Bang’ move to a post-T2S world
New Swift-sponsored research finds continued uncertainty and ‘wait and see’ attitude around the impact of T2S on settlement, asset servicing and securities payments.
Swift Innotribe announces American semi-finalists for its 2014 Startup Challenge
Brussels, 21 May 2014
Swift Expands Compliance Services Team with New Appointments
New additions underscore Swift's commitment to serving the industry's financial crime compliance needs in 2014 and beyond.
Swift Innotribe announces the five finalists of its Startup Challenge in Singapore
Brussels, 19 May 2014 - The Innotribe Startup Challenge attendees selected the five finalists from the Asian leg of its annual Startup Challenge to compete at Sibos Boston in October. Ten early-stage startups and five growth-stage innovators delivered compelling pitches to an audience of global innovators and investors, venture capitalists and industry experts. The showcase was held at the National Design Centre on 15 May, in partnership with the Next Bank Asia conference.
Swift broadens access with new public cloud connectivity through Amazon Web Services, Google Cloud and Microsoft Azure
Streamlines access to financial messaging service while ensuring resiliency and security
Public cloud has potential to unlock significant benefits while lowering costs
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).