Ambit Messaging Hub for InterAct

SWIFT is providing more and more solutions tailored to the various financial instruments available. These SWIFT services – Funds, E&I, CCI, Cash Reporting, Accord etc., enable banks, market infrastructures and corporations to communicate with each other in a more efficient and effective manner, increasing the rate of automation (STP), and reducing the errors introduced by manual handling.

The number of SWIFTNet solutions offered is growing. SWIFTNet solutions are based mainly on the InterAct protocol, which requires the interactive exchange of messages. InterAct traffic has grown 29% in 2008, compared to 2007, with average daily traffic of 952,537 messages.

SunGard can help with its offering for SWIFT services on its messaging gateway. SunGard’s Ambit Messaging Hub supports SWIFT services and provides a full and flexible solution for InterAct, with all variants of the InterAct protocol, to suit your business needs. Its secure and scalable platform includes tools to quickly get you up and running and implement the SWIFTNet solution you require.

Features

  • Provides the tools to quickly and cost-effectively implement a number of SWIFTNet solutions that will meet your business requirements
  • Provides a library of built-in message types for each InterAct-based solution
  • Easily incorporates new SWIFT message types when introduced
  • Supports transformations and conversion to XML between back-office formats (MTs or proprietary) and SWIFTNet ISO 20022 MX messages 
  • The Web-based user interface enables business users to handle messages in a user-friendly and controlled manner
  • Offers robust message processing capabilities for tracking delivery, monitoring of delivery exceptions, and preventing dubious messages from being sent to the network or being forwarded to business applications
  • Supports all the variants of the InterAct protocol, including Real-Time and Store-and-Forward, in Push and Pull modes.

Benefits

  • Provides a scalable and flexible platform to quickly and easily adopt new InterAct solutions based on market need
  • Leverages the standardization offered by SWIFTNet solutions to improve operational efficiency and to enhance customer satisfaction
  • Bridges the logical and technical gap between back-office systems and the XML ISO 20022 standards used for InterAct messages
  • Provides a highly secured delivery mechanism, enabling the exchange of confidential data, such as payments and statements