SWIFT is actively encouraging new membership from beyond the banking sector to a wider audience that includes the investment funds market. New members benefit from reduced joining fees and special software packages, yet the costs and complexities of setting up and running their own ‘direct access’ to SWIFTNet can still be daunting for some.

SWIFTNet Connectivity for Investment Funds and Securities

SWIFT is actively encouraging new membership from beyond the banking sector to a wider audience that includes the investment funds market. New members benefit from reduced joining fees and special software packages, yet the costs and complexities of setting up and running their own ‘direct access’ to SWIFTNet can still be daunting for some.

Synergy can offer an ‘indirect access’ solution based on its SWIFT Service Bureau that supports SWIFT’s reach into the industry. This hosted service can also assist bigger firms in communicating with intermediaries and other funds players more efficiently.

Bureau customers benefit from significant savings in connectivity costs and a simpler and streamlined access to SWIFTNet. The service utilises the SWIFTAlliance Access platform for message processing and a SWIFT browser GUI to access the server for message input.

• Low entry costs with no in-house connectivity and upgrade costs
• Secure architecture with reduced operational risks
• Hosted in dual data centres ... London & Nottingham
• Fast access to business continuity through fail-safe architecture
• Reduced need for in-house SWIFT specific skills
• Integration with host systems/applications with customisable options
• All SWIFT services available
• Investment protection