US Financial Institutions Planning to Adopt SWIFTNet

Research from TowerGroup has found that top US institutions are still evaluating SWIFTNet services, but are planning on adopting them. The migration to SWIFTNet has touched some 7,800 global banks and financial firms in 200 countries – and has had major impact on the SWIFT-related IT and business processes of its major users. As the migration nears completion, US banks and other financial institutions are examining SWIFTNet relative to their specific organizational needs. New research from TowerGroup analyzing interviews with some of the largest US financial institutions finds them seriously assessing how they can benefit competitively and gain operational / business advantage from SWIFTNet solution and service alternatives.


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