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SWIFT

OPTIMIZE YOUR INTERBANK AND PAYMENT PROCESSES WITH SWIFT BANK SERVICES AND INTEGRATED BACK-END SYSTEMS

SWIFT (the Society for Worldwide Interbank Financial Telecommunication) provides financial data communications and processing services to support the business activities of worldwide financial institutions for payments, securities, foreign exchange and money markets, as well astrade finance.

Through Software AG’s Banking Competency Center we bring SWIFT expertise for designing both the business and the technical architecture to ensure effective SWIFT implementations. For example, Software AG offers SWIFT consulting services and technology solutions for:

  • Financial services organizations who need to modernize their environment and processes to support the new ISO 20022 standard
  • Corporations doing business internationally with complex financial transactions who are interested in leveraging the SWIFT network to reduce their cost and risk, while benefiting from a real-time view to their cash position.

Software AG provides a comprehensive solution for SWIFT connectivity and back-end systems integration to help you automate your business processes. Together with you, we define, implement and roll-out your optimal SWIFT strategy by combining our world-class expertise, our certified SWIFT solutions, and our product’s out-of-the-box support for all SWIFT connections (FIN, FileAct, InterAct). We also consult with you to design and implement the best way to manage data dictionary standards and validation, monitor and control message flow, provide exception handling, and archive inbound and outbound messages.

Achieve business results faster with Software AG
  • Comply with new regulations and manage risk
  • Implement a power payments hub and support SWIFT messages
  • Benefit from standardized integration approach
  • Adapt to an integrated market infrastructure – CCBM2, TARGET2-Securities
  • Leverage Financial Industry Message Scheme – ISO 20022
  • Lower cost and increase flexibility for interbank and payment processes

Our SWIFT Solution utilizes the Software AG Business Infrastructure Suite, enabling organizations to achieve business results – faster. Learn More.

Recommended Next Steps

Let Software AG help your financial institution get the most advantage out of your SWIFT investments. For more information, contact: banking@softwareag.com. 

Recommended Resources

News release: Software AG Awarded Swiftready Financial EAI Label for 2009

News release: Software AG Expands in Switzerland with the Acquisition of Teconomics AG

Fact sheet: webMethods for SWIFT
Fast and cost-efficient integration with SWIFT.

Fact sheet: webMethods Integration - SWIFT C2B
Enabling corporate payments STP using SWIFT Corporate-to-Bank (C2B) XML.

References

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