• About SWIFT
• Company information
• Community
• SWIFT Shareholders
• Corporate Social Responsibility
• Publications
• Careers at SWIFT
• Press room
  • Press releases
  • SWIFT news archive
  • Stock footage
• Legal
• White Papers

 

Caja Madrid and Acotel complete tests on SWIFT network

Left to right: Antonio Gonzaléz Barbudo, Acotel SA. Marta Marques, Senior Account Director, South Europe, Middle East & Africa, SWIFT. José Luis Calle Massa, Caja Madrid, Director of Clearing, Caja Madrid

Spanish savings bank Caja Madrid and IT company Grupo Acotel, a SWIFT Service Partner, have completed interoperability tests on their respective platforms. Both platforms have now exchanged live traffic over the SWIFT network using SWIFT’s FileAct messaging service.

“This first step has positioned both entities as pioneers in this bet for the corporate banking model of the future, where SWIFT will play a relevant role,” says Pedro Aires, CEO of Grupo Acotel.

On Monday at Sibos, Grupo Acotel announced that it would be launching new SWIFT-ready services to help corporate and bank customers in Spain better manage financial communications via the SWIFT platform. The services are based on Sun Microsystems’ Open Suite for SWIFT, also launched at this year’s Sibos. Acotel’s services allow customers to process payments and facilitate SWIFT communications including account statements, payments, transfers and debit services without the need to set up, integrate and support complex infrastructure.