Messaging, Private

SEPA, Target 2 and the evolution of SWIFTNet are examples of industry initiatives that are causing banks to re-evaluate the way they connect systems within their firewall to the ecosystem of trading partners, customers, and market infrastructures outside the firewall. Through the connectivity and integration of systems and networks, banks can ensure standardization and compliance as well as drive efficiency and global visibility. The connectivity challenge is to know where to route a message, transaction or trade, which rules are required to validate its structure, and which libraries are required in order to transform and translate the data into the correct format.

As new message standards evolve and new networks and infrastructures emerge, banks who can add additional formats and integrate new networks and systems will gain a “first mover” advantage.

SunGard can help. SunGard’s Ambit works with banks to take advantage of their existing infrastructures and comply with future industry developments such as SEPA. Ambit Messaging enables banks to connect to a range of market infrastructures, including SWIFTNet (FIN, FileAct, InterAct), Central Banks, ACH and local clearing networks. The solution combines traditional high performance infrastructure gateway capabilities such as queue management, STP, message routing, translation, and formatting with an unparalleled component-based architecture.