Increasingly, all kinds of SWIFTnet users are considering the cost advantages of using a SWIFT Service Bureau.  For a wide range of users, especially new SWIFT members, our SWIFT Service Bureau can drastically lower costs as well as removing the overhead of maintaining and running your own SWIFT infrastructure.

With UK data-centres located in London and Nottingham, Synergy Financial Systems provide SWIFT Service Bureau operations to clients in UK, Ireland and the Channel Islands.

Corporate SWIFT - Corporate Treasury departments often have a large number of banking relationships to manage. SWIFT connectivity can provide you with substantial improvements in cash visibility as well as reductions in overheads associated with statement reconciliation and payments. Synergy's SWIFT Service Bureau provides your Treasury Team with a low cost, resilient, connection. Optional message transformation reduces integration cost.

CREST - Access SWIFT through Synergy's complete, independently accredited, SWIFT infrastructure that our SWIFT experts maintain and operate in fully resilient data centres. Our Service Bureau solution is secure, resilient and is likely to save you money. Benefit from a reduction in management overhead and operational work-load backed by a comprehensive Service Level Agreement.

CCI - Let Synergy Financial Systems be your partner in simplifying the mandatory migration to the Euroclear CCI. The Common Communication Interface (CCI) will enable organisations to rationalise their systems architecture by using a single window to Euroclear and other SWIFTNet services. You need to plan for CCI in terms of either a bureau based service or management and implementation of your own infrastructure. We can help with your migration plan.

Security - Synergy Financial Systems have been thoroughly vetted by SWIFT. We are capable of providing better resources than many organisations would be able to provide for themselves. We deliver and receive all SWIFT message types, irrespective of your back-office business applications. We can provide secure and resilient connectivity, as well as the provision of new SWIFT services as they become available.

‘One-stop shop’ - We do more than just provide infrastructure and connectivity. Synergy Financial Systems consistently add additional value to our bureau services. Our combination of message management applications, connectivity and SWIFTNet services ensures that you can rely on us to deliver a complete solution. Users such as corporate treasury departments, fund managers and financial institutions will find a ‘one-stop shop’ approach to be particularly beneficial. We aim to meet your SWIFT message management needs at an attractive and competitive price. This holistic approach is about offering you everything you need for managing your SWIFTNet operations.

Message Transformation - With automation of processes and work-flow at the root of many cost-reduction plans, changes in message formats imposed as services upgrade can prove troublesome. Legacy systems that are complex, cumbersome and costly to change and regression test can prove difficult to connect to new services. Our ability to offer you cost effective message transformation services provides the best investment protection in a fast changing environment.

An added layer - We deliver extra layers of message management via web-browser technology. This technology is ideal in a bureau set up as users can access their application via a desktop browser. Synergy's bureau provides a SWIFTNet message entry capability for FIN & MX messages and a sophisticated management information system to deliver a non-proprietary message repository for message investigations, SWIFT traffic reconciliation, a comprehensive reporting module and message archiving.

Service Access - Whether you need the ability to transfer bulk files using FileAct, secure browser based access with Browse, access to market infrastructures such as TARGET2 or to use Accord for confirmation matching and netting, we support these and commit to supporting future SWIFT services. As SWIFT has evolved to provide services in support of Corporations, services such as MA-CUG (Member-Administered Closed User Group) or SCORE are now important.

Know-How - There is no substitute for the deep understanding which arises from building applications and software solutions tailored to an environment. Our Know-How has been built up over years of designing and implementing SWIFT compatible software solutions for some of the world's largest institutions. Our bureau operations benefit from the insight gained through that experience and know-how. 

Resilience - Competent management teams develop a risk based approach to business continuity planning. In some instances, the cost / risk / impact trade-off may increase the probability that an event leads to an inability to process SWIFT messages. Synergy's SWIFT service bureau offers, as standard, multiple access points through constantly active data-centres in diverse UK locations supported by a geographically spread team. When required, we can extend resilience beyond the UK - on to a pan-European scale.