- Manages all conversions and interface connections for the bank
- Future SWIFT upgrades are included in the service offering
- Ability to outsource all operations and maintenance
- Real-time cash reporting
- Realization of a high degree of automation and expansion of STP
Through Fundtech’s SWIFT ServiceBureau, corporates now have access to a cost-effective connection to the SWIFT messaging network. The service is a complete interbank solution that is centrally operated, eliminating the need for significant investment in hardware or software. Installation is quick and easy.
Both corporates and their banks will benefit by processing transactions in an STP environment, with fewer interfaces to enterprise resource planning (ERP) systems and other in-house applications. Fundtech’s SWIFT ServiceBureau is the world’s largest, currently serving over 100 financial institutions. Corporate access to the SWIFTNet is made possible through SWIFT’s Member Administered Closed User Groups (MA-CUG).
Business
- Fundtech's service bureau is an efficient way for corporations to connect to their Banks via SWIFT.
