Treasury Management Internation Logo

Fundtech Named Best SWIFT Utility Access in Global Finance’s World’s Best Treasury & Cash Management Awards

Published 

– Recognized for leading SWIFT service bureaus

New York Fundtech, a market leader in global transaction banking solutions and the largest SWIFT service bureau operator in the world, has been named “Best SWIFT Utility Access” by Global Finance, as part of the publication’s 2014 World’s Best Treasury & Cash Management Awards.

The Global Finance award winners were selected by the editors with input from industry analysts, corporate executives and technology experts, in addition to reader input. Selection criteria included market share and reach, customer service, product innovation and differentiation. The recognition of Fundtech as “Best SWIFT Utility Access” can be attributable to the expansive global reach and comprehensive technology of Fundtech’s SWIFT service bureaus.

Global Finance publisher Joseph D. Giarraputo says, “Much attention continues to focus around connectivity. Banks and corporations continue to grapple with the best way to achieve interbank connections and apply the transaction-related applications they need to increase operational efficiency and reduce the risk related to sending and receiving financial messages. A solution that provides them with all of the connectors, integration and plug-ins required for conversion, as well as compliance and reconciliation, will help firms to increase operational efficiency, save cost and reduce project risk.”

Fundtech is the world’s largest SWIFT service bureau operator. Operating out of three centers located in the United States, the United Kingdom and Switzerland, Fundtech’s service bureaus provide financial institutions and corporations with a series of interbank connections and transaction-related applications designed to reduce the risk and increase the efficiency related to sending and receiving financial messages.

All three of Fundtech’s service bureaus have been certified by SWIFT for compliance with its operational practice standards. Fundtech’s Switzerland-based bureau has received SWIFT’s highest certification level—the Premier Operational Practice certification. It was the first service bureau to receive the certification for compliance with the rigorous terms and conditions of the best-in-class certification under SWIFT’s new Shared Infrastructure Program.

Per Trifunovic, CEO of Fundtech’s BBP business unit, comments, “We’re thankful to be recognized by the industry for our commitment to providing world class SWIFT service bureau delivery. We are proud to offer financial institutions and corporations the opportunity to reduce project and operational risk, lower cost, and facilitate business growth through a secure and reliable service bureau model.”

Most recent episodes

The Future of ESG in Treasury

In this podcast, Melissa Moi, Peter Jameson and Venkat ES from Bank of America join TMI’s Eleanor Hill to determine where the ESG journey is heading next. Our expert panel consider how changing regulation, technology solutions and metrics including ESG KPIs...

26:50

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55