By providing the reliable and resilient messaging infrastructure that underpins over $5 trillion a day of gross foreign exchange (FX) flows through CLS, Swift is supporting risk reduction and liquidity management in the FX market.

Swift’s KYC Registry is now fully aligned with the latest Wolfsberg Group due diligence questionnaires, giving banks everything they need to manage their correspondent relationships in one place.

Brussels, 10 June 2015 - Swift announces the availability of Watch for Securities, a new business intelligence solution that helps securities market participants to monitor and gain valuable business insights from their network traffic. Following the completion of a successful early adopter programme, Swift's Watch for Securities is ready for full scale use by local and global custodians, investment banks, asset managers and broker/dealers.

In many markets around the world, T+1 is coming your way – or could be soon. As more markets look to shorten their securities settlement cycles, Simon A.X. Daniel, Product Manager at Swift, spoke to Virginie O’Shea, Founder of Firebrand Research, about what this means for the securities industry and how firms are getting ready.

The European Fund and Asset Management Association (EFAMA), in collaboration with Swift, has today published a new report on the evolution of the automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland in 2013. This report, entitled "Fund Processing Standardisation" , underscores the industry's commitment to move away from manual processes towards more efficient automation and standardisation practices.

Welcome to the 6th edition of ISO 20022 in bytes. In this edition, with just thirteen months until the go-live of CBPR+ and the Transaction Manager (TM), we’ll hear from Payments Canada about their journey as an RTGS to adopt HVPS+, the ISO 20022 market practices for payment market infrastructures. The CBPR+ programme is moving ahead at full steam, with the in-flow translation service set to become available for testing this November, and a refined transition period for next year’s move from…

The Covid-19 pandemic continues to escalate around the world, impacting millions. Swift, like financial institutions, has put in place strong measures to protect the health and wellbeing of its employees and community while ensuring very robust business and operational continuity plans.

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.

Brussels, 26 February 2014 - Swift launches a new cloud-based application that eases the client onboarding process between financial institutions and their clients. The MyStandards Readiness Portal, developed in collaboration with the industry, builds on the success of MyStandards, a collaborative platform for standards management. The Portal allows users to test their messages against specifications and prove their ability to reach certain quality and straight-through processing rates, helping…

The start of the migration to ISO 20022 for cross-border payments and reporting in March 2023 marked a significant milestone for the payments industry. It showcased some of our core values around operational excellence, innovation, and close collaboration with our community being demonstrated with action. Since the start of coexistence, an average of 600,000 ISO 20022 messages were exchanged every business day between 1,000+ sending institutions and 5,600+ receiving institutions in more than…