What’s coming up?
New functionalities for payments and securities will be made available on the SWIFT platform through several releases. Release 1 will go live in November 2022 and focus on cross-border payments.
Key initiatives for capital markets
There are a number of engagement groups and pilot projects ongoing with our capital markets community as part of this transformation. Below are some of the key activities ongoing:
Screening securities identifiers (mainly ISINs)
As part of our financial crime compliance portfolio, we are working to implement ISIN transaction and list screening services ahead of the go live planned for 2022.
End-to-end transaction monitoring
We are working with industry participants to define service requirements, including enrichment of Standing Settlement Instructions (SSIs) or exception management and case resolution. We aim to deliver a first iteration of the service by end 2021 in pilot mode.
Latest news on securities
Sibos 2021: Recharging Global Finance
At the second all-digital Sibos, SWIFT Board Chairman Yawar Shah and CEO Javier Pérez-Tasso set out...
Creating a collaborative platform for the securities industry
We’re working across the securities industry to solve post-trade challenges, together. Learn how our collaborative platform...