ADP Wilco, an auxiliary of parent company Automatic Data Processing, has launched a new online service for banks and asset managers in Switzerland.
The SWIFT Service Bureau provides access to the SWIFT network, and users can also access the SWIFT Transaction Manager, which lets users monitor the full lifecycle of their messages through a browser, and create, release and reroute messages in an STP environment. Users unfamiliar with the SWIFT format can input any type of message, which will then be transformed into the appropriate format.
The service bureau is ADP Wilco’s second with an existing bureau in Germany since 2003.