SWIFT
SWIFT is an industry-owned co-operative supplying secure, standardised messaging services and connectivity to more than 8,700 financial institutions in 209 markets. Collectively, these institutions exchange millions of messages valued in trillions of dollars every business day.
SWIFT consistently delivers quantifiable value and proven technical excellence to its users through its comprehensive messaging standards, the security, reliability and availability of its messaging platform and its role in advancing STP.
To date, close to five hundred Investment Management institutions rely on SWIFT to reduce the complexity, risk and cost of their domestic and international transactions. SWIFT facilitates standardised communications and processing at all levels of the lifecycle:
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For equities, fixed income, OTC and listed derivatives, FX and money markets, commodities, repos, syndicated loans and investment funds transactions.
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From trade order through to settlement and asset servicing, including payment, portfolio administration and cash management.
SimCorp Dimension may be interfaced with SWIFT in several areas, such as cash and securities movements and corporate actions.
For more information please visit the SWIFT website.
