As a broker/dealer you need to meet your customers’ requirements for cross-asset class trading – especially the rise of derivatives — and access to emerging markets, while accommodating growth in cross-border and electronic trading. You are also focused on building scale and reducing operating costs — and coping with an increased regulatory, risk and compliance burden.
Whether you are interacting with a client, a regulator, a service provider or a peer, SWIFT can help.
SWIFT’s offering for broker/dealers combines secure, standardised messaging and pre-settlement processes across multiple asset classes, with a reference data and standards foundation.
Because we support multiple standards (including FIX and FpML), you can leverage SWIFT to streamline processing from the front to the back office, for all asset classes.
You can also take advantage of SWIFT to increase your reach in 208 countries. Communicate with buy side clients, connect to regional brokers, streamline interaction with settlement agents and meet risk and compliance obligations with access to market infrastructures including CLS, central counterparties and central securities depositories. SWIFT’s resilience is unrivalled, and delivery of critical messages is guaranteed.