18 December 2017
visit www.ebaday.com

Swissrisk Financial Systems receives SwiftReady Financial EAI label

20 July 2009  |  1458 views  |  0 Source: Swissrisk Financial Systems

Swissrisk Financial Systems, European Software Specialists, announced today that its Financial Messaging and Workflow solution, X-Gen, has been certified with its eleventh consecutive SwiftReady Financial EAI label.

The SWIFTReady Financial EAI label was first awarded in 1999 to Swissrisk. The successful renewal of this label demonstrates Swissrisk's ongoing commitment to provide fully SWIFT compliant solutions to the financial industry.

Every year, SWIFT awards product certification labels in order to provide its members with quality criteria to assist them in the choice of software solutions. To be awarded a label, the software must fulfil and comply with a set of criteria which reflect its capability to provide message processing automation in the SWIFT context. The requirements are updated every year, and providers' solutions have to undergo the annual SWIFT assessments.

Dirk Vesper, Swissrisk's Head of X-Gen Product Development, remarked, "X-Gen allows clients to rapidly enable business applications for new SWIFT standards and initiatives. In these days time to market is key to address market, compliance and regulatory requirements and specific client service levels."

X-Gen supports all ISO 20022 MX rules across all business solutions (e.g. SEPA, Funds, Exceptions & Investigations, Cash Reporting). Furthermore X-Gen is already full SOA and WEB Services compliant, and supports other non-SWIFT standards within the financial industry, including FIX, EMX, and Telekurs.

X-Gen is used as the central SWIFT and message Hub for all kinds of messaging formats within financial institutions. X-Gen customers have leveraged their existing infrastructure by implementing X-Gen, where all new or revised SWIFT standards are automatically incorporated in every new X-Gen product upgrade and release.

X-Gen can also be deployed as a central framework to integrate customized applications into the existing IT standard application environment. X-Gen is expressly designed to improve STP across applications, using advanced, visually-based Workflow to mediate changes in business processes and to streamline exception handling.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.ebaday.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11234 views comments | 3 tweets | 3 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
10133 views comments | 21 tweets | 23 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7763 views comments | 19 tweets | 22 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7414 views comments | 5 tweets | 11 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7387 views comments | 6 tweets | 26 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job