Misys launches Swift connectivity service

Misys launches Swift connectivity service

Misys Banking Systems is launching a new Swift bureau service to provide banks, fund managers and corporates with hosted access to the financial messaging network.

The vendor says its outsourced Misys Connection for Swift service will provide firms with the benefits of Swift membership without the infrastructure cost, as users will not have to operate and maintain their own Swift interface when accessing the network.

Commenting on the launch, Leslie Regino, product and marketing manager, Misys Banking Systems, says: "Misys Connection's modern and scalable architecture helps organisations keep operational costs down and speeds the time to market for their own products. By signing up to this service, companies can concentrate on their core competencies and trust Misys to take care of the challenges around cost, operational risk and compliance."

Misys says its fully hosted service provides customers with facilities management, operations, security and administrative services as well as technical support, file translation and service level agreements.

The vendor says the launch coincides with Swift's campaign to extend the range of messaging and file-based services it provides.

Joel Ludvigsen, director, partner solutions, Swift, says: "In order to provide greater access to the Swift's financial messaging network and facilitate global standards, we are keen to offer connectivity to SwiftNet to as many parties as possible."

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