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SWIFT Matters

A community that concentrates on SWIFT as an important business tool in the payments and standards world.

Andrew Owens - SunGard AvantGard - London | 22/04/2013 | 959 views

For years, dealing with different domestic and international payment and account statement formats was a primary challenge within the domain of corporate payments. In this format-centric era, the concept of the Payment Factory/Payment Hub was created and many large corporates embarked on implementations that centralised the payments initiation proc... Tags: Payments

Roy McPherson - Macroy Consulting - London | 05/10/2011 | 3071 views

Would back office systems cope?

When we were at Sibos we enjoyed a team dinner in a local restaurant. As the topics of the day were mulled over somewhere up popped a contentious question "If the Greeks default, and Greece disengages from EUR and reverts to the GDR,would back office systems cope"? As the discussion raged back and forth,buoyed by the odd jar or two, it struck me t... Tags: Risk & regulation, Sibos

Roy McPherson - Macroy Consulting - London | 20/05/2011 | 3274 views | 1 comment

Aren't I the lucky one?

Funny what you find in your spam mail, this weeks mail has broadened my horizons to include penis enlargement treatment, a link to a young lady of dubious morals and, wait for the drum roll, a lady offering me a swift card. I'm so thrilled, I've been picked out with 99 other lucky souls to share in USD4,500,000 and to be given, gratis, a swift card... Tags: Cards, Risk & regulation

Steve Scott - Gresham Computing Plc - London | 23/03/2011 | 2944 views

Real Time Reconciliation Crucial To Managing Liquidity Risk

It's interesting to hear it said at IPS2011 that performing real time reconciliation is crucial to managing liquidity risk . I would agree with this but for the fact that if the demand is really there then why is it that the necessary data is so hard to come by? Crucial implies that this is must have data, but what are banks doing to ensure that... Tags: Payments, Risk & regulation

Paul Fileman - Fundtech Financial Messaging Ltd - Nottingham | 18/11/2010 | 3655 views

Clouded Judgement?

Whenever a new technology hype cycle starts, there is a stampede of major vendors all vying to be seen as the “hype leader”. The latest hype cycle to affect the IT industry is cloud based computing. Article after article hails the cloud as a new phenomenon. In the more restrained world of the SWIFT Service Bureau, things are more serio... Tags: Payments, Post-trade & ops