TwoFour adds Swift messaging to transaction processing platform

Source: TwoFour

TwoFour Systems, today announced the introduction of Swift messaging support in TwoFour, its global, cross-product 24x7 transaction processing system.

TwoFour clients can now directly use the Swift messaging communication standard to exchange financial data securely and cost effectively.

Embedding support for Swift communication standards into TwoFour provides additional flexibility and ease of use for organizations transmitting sensitive data with Swift services. TwoFour currently supports all settlement and confirmation exchanges using SwiftNet FIN's store-and-forward messaging service. Swift customer and bank transfer settlement messages (MT202, MT103, MT210, MT200 and MTn92) and all corresponding confirmation messages (MT300) are also handled directly through the TwoFour platform.

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