A flagship investment in SWIFT’s core platform
Over past decades, the financial industry has depended on FIN as a robust global messaging service, and FIN traffic has grown exponentially. The FIN application, and its underlying technology platform, has catered for this substantial growth in traffic, while maintaining high-levels of security and reliability.
The key to this sustained performance has been a well-designed, well-built FIN application, operating on a robust technology platform. The application and platform have stood the test of time, enabling SWIFT to adapt successfully to evolving business and operational conditions.
Nevertheless, in order to address long term technology needs, it is the right time to modernise the FIN application and its underlying technology platform. FIN Renewal will significantly reduce ongoing operating costs, and deliver strategically important enhancements to FIN messaging services.
Strategically enhancing FIN
SWIFT will move FIN to a modern technology platform, opening up data access and protocols in order to facilitate future enhancements.
Reduce ongoing operational costs
FIN Renewal represents a significant operational cost savings opportunity, leveraging the power and cost efficiency offered by a modern technology platform.
No impact on customers
FIN Renewal does not affect customers' use of FIN messaging services – there’s no need to make any changes to infrastructures, systems or operations.