Will Financial Reporting Standards Help Reduce Compliance Costs? March 05, 2013Panelists contend that global financial reporting standards will help banks reduce the tremendous costs of regulatory compliance. The Road to Big Data December 11, 2012As big data becomes inescapable in today's financial services industry, institutions can prepare by surveying the analytics landscape, targeting a specific problem to solve, studying relevant cases and expanding capabilities with the right technology solut Mobile Payment Startup, Equity Financing Innovator Win SWIFT's Innotribe New York Regional Awards February 14, 2012P2P Cash Technology and Gust win New York competition and will compete in competition finals in October. Swift's Arkelis Teamed Up With Red Hat Linux February 10, 2012Fiinancial institutions can now run the outsourced Arkelis messaging solution on Red Hat Linux, an open source solution, more cost effectively. DTCC Adds Former RBS Executive to LEI Development Team January 26, 2012Mark Davies will serve as liaison in Europe and will work with regulators and industry committees to develop legal entity identifier (LEI) program. SWIFT Invests 5 Million Euro in Innotribe December 15, 2011Innotribe, the collaborative innovation group started by SWIFT, received 5 million euro in 2011 to help fund and incubate new ideas for the financial community. Competition Heats Up To Identify Best Financial Tech Innovators December 07, 2011Two high-profile competitions promoting financial technology development have kicked off with the aim of matching entrepreneurs and investors. Innotribe Plays the Innovation Game July 13, 2011SWIFT's Innotribe group aims to incubate new technology ideas that can help financial services firms evolve. DTCC and SWIFT to Manage Large Portion of LEI Process Under GFMA's Proposal July 12, 2011GFMA's proposal names DTCC and SWIFT as Core Issuing and Facilities Managers for global legal entity identifier (LEI) program. SWIFT Links Securities Matching Solution To Multiple CCPs September 21, 2010EuroCCP, SIX x-clear and LCH.Clearnet Ltd are the first CCPs to sign up with SWIFT and will enable a direct connection between SWIFT Accord and their clearing platforms. Broadridge Announces New Connectivity Service To SWIFT's Accord For Securities Matching Service June 24, 2010SWIFT Accord for Securities is used by prime brokers and executing brokers to match equity and fixed income trades executed by the global hedge fund community. SWIFT's Restructuring in North America Includes Layoffs December 10, 2009SWIFT's Commercial group reduces staff as part of plan to cut $132 million in global operating expenses. Social Networking Is Here to Stay November 23, 2009Social networking is changing the way consumers, investors and traders interact and share information. But all companies are struggling to show how the technology is actually adding to the bottom line. SWIFT, SmartStream Say Reconciliation Service Improves Trade Throughput 30% July 07, 2009Hosted reconciliation service, now a network destination over the SWIFT network, processes trades electronically and handles exceptions through workflow. SWIFT’s Securities Matching Solution Goes Live June 11, 2009Prime and executing brokers have begun using Accord for Securities for hedge funds' trades. DTCC, SWIFT, XBRL US Team to Automate Corporate Actions May 29, 2009Organizations working to make XBRL-formatted corporate actions announcements sharable throughout the industry. FailStation Selects Financial Tradeware For Failed Trade Reporting March 17, 2009This connectivity will allow custodian banks to automatically send failed trade data to FailStation to streamline exception handling for its clients. Keeping Tabs: Industry Moves and Appointments November 14, 2008Citadel Names D'Souza; SWIFT Chooses Dignen; Truglia to NewOak Capital; Kim to Lead Product Management Polish Central Securities Depository Chooses Microsoft BizTalk Server as Financial Messaging Platform September 17, 2008Depository selects BizTalk Accelerator for SWIFT to help about 10 domestic and global customers connect to SWIFT's global communications network.
ING Chooses Microsoft for Settlement Connectivity via Swift September 16, 2008