TurboSwift, Netik’s SWIFT gateway, has completed certification testing with SWIFT for the SWIFTNet FIN service. TurboSwift has been certified on the Windows platform during the first week of vendor certification testing being available with SWIFT. TurboSwift will be certified on the UNIX platforms during August.
The SWIFT network is moving from X.25 connectivity to IP connectivity, commencing August 2002 and continuing through to the end of 2004. 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 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.