SWIFT has appointed Broadridge Financial Solutions as a business partner for Germany, Switzerland, Austria, the Czech Republic, Slovakia and Liechtenstein.
Through the agreement, Broadridge will take responsibility for first-line support and related services in these countries across a range of SWIFT solutions including Alliance Lite2. The agreement will enable over 500 existing financial institution and corporate members to benefit from Broadridges solutions for SWIFT-based operations.
SWIFT has recently upgraded its partner framework to better address the priorities of its user community, and make it easier for firms to choose the most suitable applications, services and service providers for their businesses. The category of SWIFT Business Partner is reserved for providers that can best serve as a strategically aligned extension of SWIFT. Business Partners are selected for their depth of local market expertise and relationships with the community, said Alain Raes, chief executive EMEA and Asia Pacific, SWIFT. Broadridges industry leadership, scale and client-centric values exemplify the best-in-class qualities that we seek in our partners, and will help to accelerate value through the delivery of quality solutions and services.
Broadridge will deliver solutions for the SWIFT community including its Global SWIFT Service Bureau which, like SWIFTs Alliance Lite2, provides access to SWIFT for financial services firms and corporate treasury groups worldwide. Broadridge also offers its SWIFT Transaction Manager, a web-based workflow and management control function which enables users to monitor the full lifecycle of their messages and create, release and re-route messages in a controlled STP environment that minimizes exposure to processing errors and delays.
(JDC)