Financial Tradeware, provider of portfolio and fund management straight- through processing solutions for investment managers, fund managers and hedge funds, has been awarded the SWIFTReady Gold Funds label by SWIFT for S-Messenger, announced yesterday at Sibos.
In order to gain the accreditation by SWIFT, Financial Tradeware had to demonstrate that the S-Messenger message broker could correctly format, distribute and send live messages over InterAct. S-Messenger can handle the 57 XML message standards under SWIFT Release 3 and the new SWIFT Release 4, which replaces them at the end of October.
“SWIFT is proud to award the SWIFTReady Gold label to Financial Tradeware for S-Messenger in recognition of its full compliance with the 2007 Gold criteria for the category Funds. Many congratulations and many thanks for your ongoing support of our Funds business,” says Bill Gourlay, regional head of funds markets, SWIFT.