Members of the SWIFT financial services community will soon be able to send messages over the SWIFTNet network, via the newly available FileAct service developed by LogicaCMG and Sterling Commerce. The new solution will enable financial institutions to selectively route messages to remote parties through the familiar FIN or the new FileAct service, to single or multiple destinations. Information such as low value payments, reconciliation data and reporting can be sent via FileAct. Data latency for message delivery can be controlled by the user, however messages requiring immediate delivery can still be sent over the network in real time, according to Sterling. Separately, Sterling has announced the availability of Connect:Direct Version 2.0 for SWIFTNet. The new version offers customers a deployment choice based on security policies by allowing users to run locally on the SWIFTAlliance Gateway or communicate through the SWIFT Remote Adapter (RA) interface from behind their company firewall.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more