20 February 2018
visit www.ebaday.com

Topcall offers corporate access to Swift via Simplex Steria service bureau

14 October 2004  |  1498 views  |  0 Source: Topcall

Unified communications company Topcall has announced an alliance with Simplex Consulting Ltd that will add Swift network access to its wide range of messaging options.

Access to the network has historically been limited to financial institutions, but recent innovations by the SWIFT organisation have seen the potential user base extended far beyond traditional participants. Corporates wishing to benefit from the messaging standards, security and reliability offered by the network may now join one or more Member Administered Closed user Groups (MACUG). This will allow them to transact business with their bankers in a manner that will reduce both operational cost and risk. By providing connectivity to the SWIFT network via the Simplex Steria Service Bureau, Topcall are responding to customer demands for greater efficiencies and reduced costs in processing cross border payments and the handling of account statements.

"The partnership is an exciting progression for TOPCALL," said Phil Keleher, banking & financial services manager, TOPCALL. "Organisations of all types are incresingly looking to reduce the costs and operational overheads associated with their financial messaging. The ability to standardise banking connections, whilst minimising risk and lowering financial outlay lies at the heart of many a corporate treasurer's objectives and we anticipate strong demand for the service."

Philip Walsh, Marketing Director at Simplex Consulting adds "TOPCALL's extensive customer base which includes many of the UK's largest corporations provides our Bureau initiative with rapid access to the corporate market. These organisations can benefit most from the key value areas such as security and standards that a more accessible SWIFT network delivers."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit https://www.capgemini.comVisit www.vasco.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11862 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9572 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9342 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8137 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7391 views comments | 19 tweets | 18 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job