EastNets Awarded SwiftReady Services Label for 2010

EastNets, a provider of compliance and payments solutions, has again been awarded the SwiftReady Services label after passing the renewal criteria for 2010. The certification validates EastNets’ capability to perform implementation, integration and upgrade services in 2010 for SWIFT products and solutions that include Alliance Access, Alliance Entry, Alliance Starter Set, Alliance RMA, Alliance Gateway, Alliance WebStation, CCI Screenflow over SWIFT, Solutions Integration, Cash Reporting and Funds.

The SWIFTReady certification involves three stages of validation: technical validation wherein SWIFT uses an external provider to execute the technical validation of the products applying for a SWIFTReady application label; functional validation, which consists of a detailed demonstration of the applicant product to SWIFT business experts, who assess compliance; and customer validation, which verifies customer satisfaction regarding the usage of the product.

Hazem Mulhim, chief executive officer (CEO), EastNets, said: “The SWIFTReady label reaffirms our continuing thrust to deliver premium-quality solutions and value-added services to our growing portfolio of customers worldwide. With the certification, our customers can have complete confidence in EastNets’ capabilities to provide compliance and payment solutions that have passed the most stringent quality standards.”


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