Financial messaging and services cooperative SWIFT is making its SWIFTRef global reference data platform available for national reference data collection and maintenance services, officials say. The SWIFTRef platform is used to collect worldwide payments reference data for use by more than 5,500 financial institutions and 500 corporates globally, officials say. SWIFTRef data helps firms populate… Read More >>
Q&A: Are You Ready for FATCA, Phase 2?
(Editor’s note: Firms are moving into the second major phase of meeting the requirements of the Foreign Account Tax Compliance Act (FATCA). FTF News spoke to Micah Willbrand, the London-based director, global AML product marketing at NICE Actimize, about the changes firms are making as a result of FATCA compliance. For now, firms have some… Read More >>
Intellimatch: Three Hot Trends at SIBOS
Q: What will be the hot SWIFT-related ops trends? A: We anticipate three major themes at SIBOS this year: managed services, data intelligence/data mining and liquidity monitoring. These may not be formal themes, but we believe they will be focal points for many discussions and presentations at this key banking event. Q: Why do you… Read More >>
Sibos Osaka Update
In an attempt to bring more automation to post trade operations, global financial messaging provider SWIFT has tapped reconciliation solutions vendor SmartStream Technologies to develop a cloud-based version of the SWIFT confirmation matching platform, dubbed Accord, say officials at the Sibos 2012 conference underway in Osaka, Japan. The SWIFT event is at the INTEX center… Read More >>
