About SWIFT: Review and comparison
SWIFT is a member-owned financial security behemoth that provides value to the global financial community, providing the platform for clients to conduct seamless transactions in a safe, secure, and reliable way. The company has continued to adapt to an ever-changing business landscape while maintaining the trust between partners and customers.
The Fintech giant operates a complex and diverse financial ecosystem that allows its vibrant community to transact with confidence. SWIFT has a core mandate to accelerate the world into an era of instant payment transactions. That is why the company has continued innovating, testing, and implementing products and solutions swiftly.
SWIFT is the powerhouse of the financial industry and a trusted infrastructure provider of over 11,000 institutions, enabling its clients to move value securely and reliably. In the past few years, the company has transformed payment systems and security processes, allowing its customers to navigate the business hurdles they face today and position for the future.
Over the next two years, the company has the mandate to deliver on its blueprint to expand SWIFT products and services beyond financial messaging into a platform for a host of transaction management services.
The company is excited to take the next step into frictionless, instant payments, utilizing enhanced securities to improve reconciliation and asset servicing processes. SWIFT enjoys partnering with financial institutions worldwide to isolate industry-wide challenges and innovate solutions for the global financial system.
SWIFT’s BPO services and pricings
The company has expertise in many financial industries and provides the following solutions:
Global Financial Messaging
- Trade Finance
- FX and Treasury
Interfaces and Integration
- Allied Access
- Alliance Cloud, Lite2, & Messaging Hub (AMH)
- Alliance Warehouse
- Market Infrastructure Resiliency Services
- MI Forum
- HVPS / RTGS
- LVPS / ACHs
Compliance and Shared Services
- Financial Crime Compliance
- Business Intelligence
The company’s prices are not disclosed and will depend on the business needs of its clients.
How SWIFT outshines its competition
The global Fintech company is one of the few fintech companies participating in ISO 20022, an international language standard that transforms the landscape of payments messaging. ISO 20022 is set to become the expected standard for high-value transactions.
ISO 20022 will take over all reserve currencies’ payment systems, including 87% of global volumes and 87% of the value of transactions worldwide. According to its website, some of the ISO 20022 implementation programs includes:
- ISO 20022 for Financial Institutions
- ISO 20022 for Market Infrastructures
- ISO 20022 for Vendors
Javier Perez-Tasso (CEO)
Javier Perez-Tasso has been SWIFT’s Chief Executive Officer since 2019. He has a Master’s in Finance from the IE Business School.
Kiran Shetty (Regional Head)
Kiran Shetty doubles as the Regional Head and SWIFT’s Chief Executive Officer, India and South Asia. He is a Fintech Leader with 20+ years of experience across top multinational companies.
SWIFT reviews and comparisons
SWIFT is a multinational global Fintech Giant in Belgium. The company has an above-average review score.
SWIFT’s contact information
SWIFT’s main headquarters is located in:
Further, you may virtually reach out the company through the following contact information:
In addition, you may email them at [email protected] or call 32 2 655 31 11.