GPS Capital Markets, a US-based corporate foreign exchange brokerage firm, is now live with EastNets’ SWIFT service bureau, a fully-managed hosting solution to enhance payment and treasury operations and reduce costs and payment security risk.
EastNets’ en.Service Bureau enables corporates like GPS to join the SWIFT network by offering both a fully-managed hosting facility as well as a shared environment. en.Service Bureau helps GPS make international payments and other financial transactions more secure and cost-effective, as well as accelerate straight-through processing (STP) and improve response times.
“GPS is delighted to have selected and deployed EastNets’ premier service bureau for outsourced SWIFT connectivity,” said Jason Langston, chief financial officer (CFO) of GPS. “EastNets will enable GPS to accelerate our financial transactions in an accurate and highly-secure manner as well as reduce the cost and risk of making an increasing volume of international payments.”
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