SWIFT for custodians

Benefits Reduce operational costs Mitigate risk Leverage economies of scale Enhance customer service Grow your business

Custodian banks play a pivotal role in the efficient running of the international securities markets. As providers of settlement and asset services, custodians are the lynchpin of straight-through processing (STP), and have long relied on SWIFT for secure communication with agent banks, market infrastructures and investment managers.

By standardising and automating the business flows for settlement and reconciliation, corporate actions, proxy voting, cash management and treasury functions, SWIFT enables you to eliminate error-prone manual processes and reduce operational costs and risks.
SWIFT also supports you as you grow your business in a competitive marketplace. Leveraging our community of market participants enables you to increase your reach, and re-using SWIFT to automate additional business flows allows you to benefit from economies of scale.

By supporting STP for your clients, and the automation of corporate actions and proxy voting processes, SWIFT also enables you to offer industry-leading levels of customer service, helping to secure new business. SWIFT’s solutions for derivatives processing allow you to accommodate your clients’ wider investment in these assets, boosting your competitive positioning against prime brokers and fund administrators.

What can I do with my SWIFT connection?

Solutions

For payments Cash Reporting – Supporting your real-time account information needs Exceptions and Investigations – Making investigations pay  For treasury and securities Accord – Enabling real-time matching and exception handling for foreign exchange, money market and derivative confirmations Affirmations – Providing a cost-effective way of enhancing STP across the treasury and derivative markets. SWIFT's CLS Third Party Service – Providing a global FX settlement solution for non-CLS members Derivatives – Enabling automation for OTC derivatives transactions

For custody services STaQS for Corporate Actions Collateral Management Corporate Actions – Enabling and improving event communications between public companies and their stakeholders Data Distribution– Standardising your communication flows from market data providers and market infrastructures Proxy Voting – Raising the bar for the entire meeting and proxy voting process.  For funds Funds – Supporting the automation of investment funds distribution  For regulation & compliance MiFID transaction reporting

Market infrastructures

In securities Many  securities  market  infrastructures use SWIFT, such as Clearstream, DTCC, Euroclear, LCH.Clearnet, SIS and STRATE. See a complete list of  securities  market  infrastructures using SWIFT (PDF).

Messaging

Learn about the messaging services and related tools that support your needs

How can I connect to — and make the most of — SWIFT?

Connectivity

Learn about the operational equipment you need to connect to the network

Services	Partners
Our experienced training team offers you the latest SWIFT information through a wide range of classroom courses, on-site training and e-learning products. Business Assessment Programme	SWIFT works in partnership with third party application and service providers to offer you a total end-to-end solution and to ensure smooth and fast integration of SWIFT products.