Monthly FIN traffic evolution
Over 6.5 billion FIN messages were sent in 2016, representing an average traffic volume of 25.81 million messages per day. FIN traffic grew by 6.5% versus 2015. The strongest growth was recorded during the last quarter of 2016. Also in 2016, reporting messages (+9.1%) grew faster than non-reporting messages (+4.5%).
Daily FIN traffic
In 2016 there were three FIN peak days. The last peak day was recorded on Thursday 30 June with 30,392,943 messages. This peak was a jump of 7.4% above the previous peak day, which is the highest increase recorded since 2003. Three Payment peaks were recorded in 2016, four Securities peaks, and for the first time since 2011, we recorded peaks in Treasury (two peaks in 2016).
Expressed in million messages (total daily traffic volume - all markets)
SWIFT’s company-wide transaction global overview is invaluable.
Ana Sancho, Global Payments Network Manager for Treasury Services, BNY Mellon