11 December 2017
visit www.aciworldwide.com

Microsoft signs Banesto and Sekerbank to BizTalk Accelerator for Swift

11 October 2004  |  5045 views  |  0 sign 45 degree angle

Spain's Banesto and Turkey's Sekerbank are implementing Microsoft's financial middleware technology to manage payments processing and take advantage of the new services being offered by Swift. Microsoft has also receieved SwiftReady Financial Enterprise Application Integration (EAI) Gold accreditation for its BizTalk Accelerator for Swift the first time.

Banco Español de Crédito SA (Banesto)is replacing two existing Swift messaging systems from Mercator and TietoEnator with BizTalk Accelerator for Swift. The bank says it wants to reduce the cost of processing Swift messages and be faster in adopting new Swift services and message standards.

Daniel Garcia, Enterprise Application Integration (EAI) Manager, Banesto, says, "Eventually, we want to extend Swift services, including new standards, beyond our inter-bank relationships to corporate customers."

Sekerbank, a private commercial bank, has implemented BizTalk Accelerator for Swift to manage Swift messages for international trade, funds management and capital markets transactions.

Tanol Türkoðlu, assistant general manager at Sekerbank, says, "Seventy-five per cent of Swift messages are now created automatically without any human intervention or manual entry. The number of people hired for Swift operations has decreased, and the process cycle of end-to-end messaging has been accelerated." The bank plans to use the Microsoft solution as the middleware for all its financial applications.

At Swift's Sibos conference in Atlanta, Microsoft also announced its BizTalk Accelerator for Swift has been awarded the SwiftReady Financial Enterprise Application Integration (EAI) Gold label for the first time.

Microsoft joins 11 other vendors that hold Swift's gold EAI label.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Capco STP Bridge to support BizTalk Server 2004

Capco STP Bridge to support BizTalk Server 2004

22 October 2003  |  4287 views  |  0 comments
Microsoft launches Swift accelerator and RosettaNet payments toolkit

Microsoft launches Swift accelerator and RosettaNet payments toolkit

20 October 2003  |  5241 views  |  0 comments
Microsoft launches STP accelerator

Microsoft launches STP accelerator

04 November 2002  |  6605 views  |  0 comments
Encompys develops Microsoft BizTalk infrastructure

Encompys develops Microsoft BizTalk infrastructure

16 January 2002  |  3385 views  |  0 comments
Lloyds TSB Commercial Finance implements Microsoft BizTalk Server 2000

Lloyds TSB Commercial Finance implements Microsoft BizTalk Server 2000

14 January 2002  |  4016 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.atos.netvisit www.aciworldwide.com

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18353 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11260 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
7506 views comments | 14 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6567 views comments | 8 tweets | 17 linkedin
Barclays, First Direct and Nationwide join FCA sandbox cohortBarclays, First Direct and Nationwide join...
5976 views comments | 5 tweets | 12 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job