Dutch ICT services outfit Getronics has signed an agreement with US telecomms carrier Infonet to deliver a package of planning and installation services for financial firms migrating to the IP-based SwiftNet network.
All Swift member banks must migrate from the existing X.25 dial-up infrastructure to Swift's IP-based network by the end of 2004. Infonet was selected by Swift, along with telecommunications firms Colt, Equant and AT&T as an accredited network provider to the next generation secure IP-VPN.
Under the agreement, Getronics will install equipment, including the Netscreen Encryption Device, as well as provide local access for financial firms migrating to the new network. In addition, the company will provide a connection to Infonet's network, The World Network, and the provision of services for an Infonet Swift Dedicated Access Service (ISDAS) port.
Michael Kerr, vice president, financial services markets, Getronics, says: "Getronics will deliver effective SwiftNet connections to financial institutions in North America so that they can take advantage of the SwiftNet secure IP network by 2005."