From strong foundations come bold innovations
Every transaction’s journey is unique. Passing through a mix of countries, serving different customers, and jumping between jurisdictions. To continue helping financial institutions meet the needs of their customers, we’re expanding our capabilities to provide comprehensive transaction management services. So as the world of finance continues to become more complex, we’ll keep innovating to offer simple solutions that empower our customers, and theirs too.
Introducing Transaction ManagerRead more (login required)
We’re completely reimagining how transactions flow around the world, making it possible for banks to seamlessly work together so that every payment can flow faster and further.
It’s all powered by Transaction Manager, which provides a centralised view of transaction data so that all participants can access it simultaneously in real time. It’s a foundation that we can all build on, and one that opens up a whole world of possibilities.
As a member of our community, you don’t need to do anything to reap the benefits that this enhanced platform will bring. We’ll automatically begin processing traffic via Transaction Manager in a phased approach.
It doesn’t matter which data format or connectivity channel you use; the platform facilitates total interoperability between them. This means you can move at your own pace in your ISO 20022 journey.
No extra effort
We’ll automatically begin routing traffic onto Transaction Manager. So as long as you’re compliant with CBPR+, you’ll be able to benefit from all it has to offer.
End-to-end transaction integrity
A shared copy of the latest transaction data, alongside community-agreed integrity rules ensure that important information is not truncated, overwritten, lost or corrupted throughout the end-to-end process.
Want to learn more?
Log in to mySwift to access key resources and documentation for the first release of Transaction Manager.
Hear from the community
Learn how Transaction Manager will enhance your business – a frictionless, safeguarded transaction process and a better experience for end customers. Damien Godderis of BNP Paribas, Isabel Schmidt of BNY Mellon and Paula Roels of Deutsche Bank discuss the benefits this will bring to the entire financial community.
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