SGN for SWIFT
Outsourcing your firm’s SWIFT connectivity eliminates the resources needed to implement and support a SWIFT environment in-house. SGN for SWIFT provides a cost effective solution that acts on your organization's behalf to send and receive SWIFT messages to custodians and broker/dealers. A centrally administered communication hub ensures that communication is conducted through a single point, eliminating redundant messaging operations.
Features
- Provides a secure and dedicated line to send and receive files throughout the day
- Stores messages before and after delivery to enable complete tracking
- Handles all SWIFT operations activities, including: all SWIFT formats, Bilateral Key Exchange, Secure Login/Select and Pre Agreements
- Extends to support additional SWIFTNet infrastructures and business solutions, such as FileAct, SWIFTNet Funds, SWIFTNet Exceptions and Investigations
- Validates messages and automatically attempts to fix errors prior to sending to SWIFT
Benefits
- Eliminates data center and maintenance costs by providing hardware and software
- Lowers cost of entry to SWIFTNet by accessing SWIFT through the SunGard CUG
- Ensures information availability with hosting through SunGard's business continuity centers and full disaster recovery plans
- Improves operational efficiency by automatically updating messaging in accordance with SWIFT annual updates and changes to its libraries and protocols
SGN Brokerage Services offered in the United States are provided by SunGard Institutional Brokerage Inc., Member FINRA / SIPC .
SGN Brokerage Services offered throughout Europe, the Middle East, Africa and Asia Pacific are provided by SunGard Global Execution Services Limited which is authorised and regulated by the Financial Services Authority, No. 469919 • Incorporated and registered in England and Wales No. 3127109 • Registered Office: 25 Canada Square, London E14 5LQ
SunGard Global Execution Services Limited (ARBN No. 132 508 742) is exempted from licensing under Australia Securities & Investments Commission Class Order 03/1099 and is regulated by the Financial Services Authority under UK laws, which differ from Australian laws.