Source: ADP Brokerage Services
ADP Brokerage Services Group, a division of Automatic Data Processing, Inc. (NYSE: ADP), announced today its capability to enable the Securities Industry Automation Corporation's (SIAC) SFTI user community to access SWIFT's global community via the ADP SWIFT Service Bureau offering.
SIAC's Secure Financial Transaction Infrastructure (SFTI) is a high capacity infrastructure that improves the overall resilience of the financial industry's data communications connectivity.
The ADP SWIFT Service Bureau offering provides a bi-directional bridge for message and file traffic between SFTI clients and SWIFT, and provides the financial community with seamless, cost effective and highly scalable access to robust and secure domestic and international networks. It affords SFTI clients the ability to interface with the SWIFT network without incurring the cost of acquiring, operating and maintaining individual hardware, software and communications lines.
The ADP SWIFT service bureau is housed and operated in an industry leading ISO 9002-certified ADP facility recognized for providing world-class service.
This connectivity is available to any SFTI user, regardless of their back office processing engine.