Axway releases Synchrony for SwiftNet corporates

Source: Axway

Axway today announced the launch of an integrated end-to-end solution to allow corporates and banks to collaborate effectively and efficiently over SWIFTNet.

Synchrony for SWIFTNet Corporates is a bundled solution built on Axway's Synchrony for SWIFTNet and SWIFTAlliance interfaces. It will be presented at SWIFT's Sibos 2007 conference, taking place in Boston on October 1-5.

"Collaboration between corporates and banks is intensifying and increasingly more interactive," said Freddy Nurski, Senior Manager Go-to-Market, Corporate Access Programme at SWIFT. "Axway's decision to bundle its collaborative business solution Synchrony with SWIFT interfaces will help to support this evolution."

SWIFT provides corporate treasurers with secure access for financial messaging in 8,200 financial institutions in 208 countries. Axway's Synchrony for SWIFTNet Corporates is designed to simplify the end-to-end integration between corporates and banks over SWIFTNet, reducing implementation time, project risk and total cost through an integrated approach. It allows corporates to achieve enhanced funds visibility, reliable security and regulatory compliance by providing a completely transparent and standardized solution. Axway combined Synchrony for SWIFTNet with SWIFTAlliance Access and Gateway to offer seamless integration for treasury and cash management applications over SWIFTNet. In addition, Synchrony for SWIFTNet Corporates offers full control and monitoring of payment flows.

Axway received the SWIFTReady Funds Gold Label three years in a row, as well as the Financial EAI Gold Label for the past two years. As a global SWIFT Service Provider, Axway manages the installation, configuration and testing of SWIFTAlliance products and is entitled to deploy complete SWIFTSolutions for global corporates.

"By working closely with SWIFT, we have simplified corporates' access to SWIFTNet and designed a unique one-stop-shop offering to embrace the complete automation process," said Gilles Granata, Axway's head of SWIFT solutions. "We've dedicated ourselves to aligning with SWIFT's strategy to develop a global standard for connectivity between corporates and their financial institutions. We're pleased to become a global Service Partner to support this offering in over 30 countries around the world."

Axway will also demonstrate its Synchrony Payment Integration solution at Sibos. The solution handles collaboration between banks and corporate treasuries, as well as clearing systems. Through dynamic specialization, the solution can be extended to support virtually any payment process that requires a secure exchange of sensitive high-risk documents and data. Join Axway at booth #F44 to learn details on how Synchrony Payment Integration provides the framework required to consolidate all payment channels. In addition, it will illustrate the solution's ability to recognize and validate multiple payment types, transform payment types from one form to another and route payments through other systems and applications.

Financial services is Axway's largest market segment - of its 8000+ clients, over 1500 are in the financial services industry.

Comments: (0)

sponsored