BANKING › SWIFT MIDDLEWARE

The widespread usage of SWIFT has led to standardization of communication between banks following SWIFT standards, thus doing away with test keys and reduced number of errors. However, even today many of the core banking applications do not have a seamless interface with SWIFT interface terminals. It is this gap that Cambridge seeks to bridge and address with swiftCONNECT, Cambridge’s own middleware.

swiftCONNECT, enables SWIFT members (banks or other financial institutions) to automate the generation of outgoing messages and processing of incoming messages. It is very flexible and easy to implement and it is in operation in many banks across the globe.

Solution

• swiftCONNECT – a middleware reusable asset

Features

• Integrates host transaction systems and SWIFT interface terminals like SWIFTAlliance Access, Fastwire or Novaswift for auto generation of outgoing SWIFT messages and auto processing of incoming SWIFT messages
• Easy to customize and Implement
• Provides flexibility with its parameterization capability to adjust to changing SWIFT standards

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