Compliance Analytics. Powerful data, world-class analytics
Our Compliance Analytics solutions can help you leverage your Swift message data to support financial crime compliance.
As the international banking community unites its efforts against money laundering, terrorist financing and cyber fraud, reactive approaches to financial crime fall short and can lead to financial loss and reputational damage. Advanced data analysis is critical, but getting the right data can be difficult.
Our Compliance Analytics solutions help you to comply with global…
The need for rich data in a shared ledger paradigm
The concept of a new, universal shared ledger for digital payments and assets is gaining interest as a way of transforming how transactions are recorded and settled. When combined with a messaging layer, a shared ledger could create a powerful proposition capable of supporting the rich, structured data exchange needed for transactions in regulated assets or money.
Swift wins T2S connectivity licence
Brussels, 11 January 2012 – Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 209 countries, announced today that following a public procurement process run by the Banca d’Italia on behalf of the Central Banks of the Eurosystem, it has been awarded a licence to provide connectivity services to TARGET2-Securities (T2S).
Latest SCORE enhancements and extensions
Following market feedback and demand from corporates and banks and in close collaboration with the Corporate Advisory Group (CAG), Swift has implemented a series of enhancements in SCORE.
Swift community to embark on migration to ISO 20022 for payments traffic
Following a large scale industry consultation Swift Board recommends a migration of payments traffic to ISO 20022 starting November 2021
Key takeaways from the 5th AML Directive
The 5th AML Directive (5AMLD) came into effect in early 2020 to mitigate criminal economic activity. The following is a summary of the key changes.
Swift opens its KYC Registry to corporates
- Global registry now open to Swift’s corporate customers
- Go-live follows testing period with 18 corporate groups supported by 16 global banks
Intraday Reporting with ISO 20022 (camt.052)
Understand the structure of the camt.052.001.08. Be able to interpret a camt.052 by following the CBPR+ guidelines.
Notification to Receive with ISO 20022 (camt.057)
Understand the structure of the camt.057.001.06. Be able to interpret a camt.057 by following the CBPR+ Guidelines.
Working groups – Payments
The following tables list the members of the various working groups that assist with Securities standards maintenance activities