The accreditation is proof of Tieto's capability to provide SWIFT-compliant solutions. This SWIFTReady label awarded by SWIFT confirms Tieto's standing as a vendor with a long track record in supplying high quality payment products.

Tieto's Payment Suite assists banks in establishing integrated payment architecture for domestic, SEPA and cross border payments. Its Payment Engine enables banks to reduce costs and improve straight through processing (STP) through efficient and flexible back-office operations. The Payment Manager also enables banks to establish middle-office capabilities for enhanced corporate customer experiences and increased revenues.

The success of Tieto in meeting the increasingly demanding standards set by SWIFT highlights its continuing commitment to provide SWIFT-compliant solutions to the financial services industry.

Dagfinn Loen, Sales Director, Corporate Banking at Tieto, comments: "Obtaining the SWIFTReady Payments label underscores Tieto's commitment to delivering state-of-the-art payment solutions that have the agility to meet changing business and operational demands. We have a highly flexible solution that can be configured to meet the commercial and operational requirements of a demanding payment market. In this context, supporting the SWIFT initiatives and the stringent certification process is a key factor in addressing the needs of our clients."