Requirements                                        

Calyon required a solution that would allow its Foreign Exchange Netting System (FXNET) to interface with SWIFTAlliance for the exchange of MT300, MT202, MT210 and MT950 messages.

A feed into FXNET for Calyon’s Singapore branch was also needed. The link had to be bi-directional and provide complete resilience and fail-over to a backup server at the remote DR site using database journaling.

On-demand and scheduled reporting was required and comprehensive analysis of payments.

Extensive message investigation and retrieval functionality.

The secondary requirement was to broker messages to 7 European offices via a central messaging server in London connected to SWIFTAlliance.

Solutions

ClaritySwitch was installed on NT Server and it communicates with FXNET using message queueing software (IBM’s MQSeries).

ClaritySwitch also provides a message feed to the bank’s StorQM system in proprietary message structure, required by STorQM.

The system provides middleware capability as it handles SWIFT MT300 messages created by CL’s back-office, collects them from SWIFTAlliance and sends them on to the FXNET system.

ClaritySwitch takes MT202s and MT210s from FXNET and delivers them to Alliance and to CL’s back-office system for processing and reconciliation.

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