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, 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."

EastNets SWIFT-ready solutions value-add SWIFT connectivity plug-ins including: en.Reporting, enabling SWIFTAlliance Access (SAA) users can benefit from one central view to investigate, monitor and report all their FIN and XML traffic within one environment en.Recovery, enabling SAA users to restart operations within minutes after an outage instead of hours; and en.Duplicate Detection, preventing in real time emission of duplicate payments or other FIN messages sent to correspondents, and EastNets anti-money laundering solutions: en.SafeWatch Filtering, providing real-time blocking and list filtering, supporting all lists including OFAC and PEP; and en.SafeWatch Profiling, providing customer and account monitoring and profiling, risk scoring, peer group analyssis, case management and regulatory reporting.