ING subsidiary Baring Asset Management (BAM) Group has contracted with Simplex Consulting for the supply of on-going maintenance and support for its Swift-related messaging requirements.
Simplex previously helped BAM to migrate to the IP-based interbank messaging network, SwiftNet.
Peter Eburne, assistant director, technical services, BAM, says: "Simplex continues to work very effectively with the Baring Asset Management IT team to monitor our Swift environment on a daily basis and provide maintenance and support as required."
Philip Walsh, MD at Simplex, says more of the firm's clients are switching to managed service contracts for their Swift operations and away from ad-hoc support.