SWIFT Partners
Regional and global partners
SWIFT partners have a close working relationship with SWIFT, driven by measured customer value. Partners are selected by the SWIFT Partner Management team together with the regional sales force. A partner relationship entails a commercial agreement, including joint sales and marketing plans.
Picking the right partner
SWIFT Partner Management helps investment managers find third-party solutions to support their SWIFT business.
As an investment manager joining SWIFT, how can you be sure that any third-party solutions you buy are compliant with SWIFT? How do you choose a provider to help you with any SWIFT-related integration, implementation and training, and be certain they have the right expertise to perform the job?
Our SWIFTReady certification programmes validate the solution providers and capabilities available to SWIFT customers. Today, there are more than 30 different label categories to recognise SWIFT compliance of products and services for a variety of market segments.
SWIFT has established a working relationship with various regional and global companies including application vendors, interface providers, integration experts, connectivity providers and local agents for sales. The community of SWIFT partners is there to offer complete customer solutions for the market segments in which investment managers are present, in different geographies.
All companies registered with SWIFT Partner Management are classified into one of three categories:
- SWIFT registered vendors. This is the entry level into SWIFT partner programmes. All these partners get access to the right SWIFT information, testing tools and development products from SWIFT.
- SWIFTReady solution providers have one or several SWIFT certified solution components: SWIFTReady applications, SWIFTReady services or a connectivity offer (interface or service bureau).
- SWIFT Regional and Global Partners have built a joint customer value proposition and a close commercial and marketing relationship.
To illustrate how you can benefit from our partner programme, let's take the example of SWIFTReady solutions providers. Within securities, there are four categories of SWIFTReady application labels: Corporate Actions, Funds, Securities Settlement and Reconciliation. For each, there is a clear set of criteria that the SWIFTReady application supports. These criteria are SWIFT-specific and re-evaluated on a yearly basis. They are designed to reflect the capability of a product to provide automation in a SWIFT environment. The label granted to an application clearly indicates the market and the year for which the criteria were fulfilled.
We are further adapting our partner programme to better cope with the specific needs of the investment management community. Consult www.swift.com to get the latest information about existing labels as well as the providers who successfully completed their certification in 2008 and 2009.
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