C24 announces Swift 2013 support
15 March 2013 | 1901 views | 0
C24 Technologies, a leader in financial services messaging and integration solutions, today announced support for SWIFT Standards Release 2013 (SR2013) in C24 Integration ObjectsTM, a software development tool for integrating financial standards and data formats.
SWIFT participants need to implement SR2013 changes by November 17, 2013. C24 is the first and only company today providing comprehensive SWIFT message modeling, integration and testing services for SR2013. The financial services developer community can immediately download the product and fast-start reference implementations at www.c24.biz/downloads to jumpstart their SWIFT 2013 projects.
C24 Integration Objects is a data modeling, meta-data management, transformation and messaging integration toolkit based on Java data binding technology with in-depth support for over 40 industry standards including SWIFT, ISO 20022, SEPA, FpML, and FIX. The product fully integrates with Spring, MongoDB, ESB, grid, caching and cloud technologies.
The C24 SWIFT Services solution consists of C24 Integration Objects, prebuilt SWIFT MT and MX standards libraries, SWIFT MT-MX translations, test cases, an online validation service, and consulting services tailored to the user's specific needs. Customers have reported lowering their standards development costs by 50%, and delivering projects to market twice as fast using C24 Integration Objects.
"As financial firms increase the speed of decision making and the amount of information they need to analyze and transact (big data), there is a drive to increase straight through processing (STP) efficiency rates using modern financial standards integration technologies" said Wayne Meikle, commercial director, C24 Technologies. "C24 has been a provider of SWIFT Standards Releases since 2002, worked with SWIFT to create the SWIFT messaging data services library accreditation in 2006 and we are excited to announce SWIFT 2013 support to our customers well ahead of the November 17, 2013 compliance date."