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 >>
SWIFT’S KYC Registry Free for Participants
Financial messaging and services cooperative SWIFT will offer free access to its KYC (know your customer) Registry throughout 2015 for those banks that contribute their own institutional KYC data. SWIFT made the announcement at its SIBOS exhibition and conference, being held at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. The… Read More >>
SWIFT Cuts Prices Sooner Than Expected
Financial messaging services cooperative SWIFT announced at the SIBOS conference that it has cut its prices sooner than it expected and might continue price cuts via its new five-year plan SWIFT2020. SWIFT officials started price cutting in 1996 with a 30 percent decrease in messaging prices. For its latest round of price discounts, SWIFT officials… Read More >>
Broadridge: EMIR, Corporates Driving SWIFT Messaging
Q: What SWIFT-related product trends have you seen among your clients for this year? A: One of the big drivers was the EMIR [European Market Infrastructure Regulation] regulation — a large number of our clients use SWIFT messaging and the SWIFT network to run their reporting for this. We have also noticed corporates extending their… Read More >>
Fundtech: Payment Transformations Coming
Q: What SWIFT-related product trends have you seen among your clients for this year? A: Connectivity: Banks and corporations continue to grapple with the best way to achieve interbank connections and apply the transaction-related applications they need to increase operational efficiency and reduce the risk related to sending and receiving financial messages. Compliance and anti-money-laundering:… Read More >>
Getting Ready for SIBOS Fall 2014
The annual SIBOS conference of the SWIFT financial messaging and services cooperative, at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2, will feature debates, keynote addresses, panel discussions and special interest sessions targeting many issues of concern to financial services firms engaged in post-trade securities operations. There will be chances to… Read More >>
FTF News Takes On SIBOS
FTF News is taking on the annual SIBOS conference, put on by the SWIFT financial messaging and services cooperative. The conference is being held at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. You can check out our online news coverage all week. We will provide a mix of product news,… Read More >>
SIBOS 2014: Broadridge, Fiserv and Fundtech Unveil Upgrades
Broadridge Financial Solutions and Fiserv have updated their reconciliation offerings while Fundtech has improved its user interface for its Global PAYplus service – all of which will be on display at the SIBOS 2014 Boston conference, put on by financial messaging and services cooperative SWIFT. The event gets underway at the Boston Convention & Exhibition… Read More >>
Q&A: DTCC Enters the KYC Services Race
The DTCC and six major banks are throwing their hats into the race for know your customer (KYC) utility services as they ready the launch of a “centralized client reference data and documentation services utility,” Clarient Global, that will own and operate the Clarient Entity Hub. The KYC services field is filling up with Markit… Read More >>
Can the U.S. Catch up to Europe in the T+2 Race?
What if the FIX electronic trading protocol gains ground in Europe as a unifying link for trade affirmations between the front and middle offices as Steve Grob, director of group strategy for the Fidessa Group, the subject of a Q&A for FTF News this week is suggesting? If he’s right, could Europe outpace the U.S…. Read More >>
