Netik, a supplier of financial messaging products for the SWIFT network, today announced the launch of their SWIFTNet Gateway product, TurboGateway. This multi-service SWIFTNet gateway is available on both Windows and UNIX platforms and allows access to all existing and future SWIFTNet services such as FIN, CLS, and RTGS Plus.
Netik says that because the SWIFT network is moving from X.25 connectivity to IP connectivity, between August 2002 and the end of 2004, new gateways are needed. The migration is mandatory for all SWIFT FIN customers and is organised around a country- based schedule published by SWIFT. All existing FIN customers will need to migrate by the end of 2004, when FIN access via X.25 will no longer be supported.
TurboSwift Version 7.0, Netik’s low cost accredited SWIFT CBT, with TurboGateway V1.1 provides the ability to connect to the FIN messaging service over SWIFTNet. X25 connectivity is retained, giving customers the greatest flexibility in managing their migration. A key feature of the new interface to SWIFTNet is to allow existing customers to remain on their hardware platform of choice.
Keith Hale, Managing Director of Netik PLC commented, “This release of TurboGateway shows Netik on-going commitment to provide a low-cost, multi-platform, multi-network financial message product suite. TurboGateway ensures the continued roll-out of SWIFTNet FIN functionality for existing customers as a plug-in to TurboSwift, and also offers stand alone gateway product for other SWIFTNet services, without the need for other gateway products.”