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The Importance of SWIFT Connectivity in a Corporate Context

by Jon Ashton, Global Head of e-Channels, Barclays Corporate

Many of our multinational corporate clients are looking to leverage a secure and robust bank-neutral channel to help them to connect to multiple banks. As such we have seen a noticeable acceleration in corporates accessing SWIFT to communicate with banking partners globally. There are a number of new initiatives under way that are enhancing the experience of SWIFT for these corporations, and, with proven expertise and support available from banks such as Barclays, SWIFT has taken its place as a valid alternative to the proprietary connectivity tools provided by the major banks.

A commitment to service

As one of the pioneers in facilitating SWIFT connectivity for our corporate clients, we have built up a wealth of expertise to help our clients get the best from SWIFT.

SWIFT connectivity will continue to bring a strong value proposition in the future.

SWIFT connectivity can be complex and resource-intensive without the right expert support: in the early days of SWIFT Corporate Access, we formed a relationship with leading SWIFT service bureau SMA Financial, so that together, we could provide a cohesive SWIFT implementation, integration and rollout service to our clients. Following SMA’s acquisition by Bottomline Technologies in October 2010, we reconfirmed and strengthened this relationship to give our clients the quality of experience they can expect to receive, both during the initial implementation of SWIFT and on an ongoing basis.