IMS Swift Platform

Swift Message Administration

Overview

A series of message administration services for managing the preparation, validation, processing and transmission of messages that are exchanged via Swift Network. Messages coming in from the Swift network are captured, categorized, parsed, enriched, validated and delivered to internal applications in preferred formats, protocols and schedules.

Platform Roles/Functions:

Create MT & MX Messages using Forms, Smart Forms, Templates
Manage Reference Data & SSI Tables for Enrichment & Validation
Reconcile with Ack and Update Status
Dashboards by BIC, Branch Code, Message Type, Department Ownerships
Visibility & Controls, Approval Cycle, Release Time
Gather from all source systems, validate, distribute
Gather from Swift for all BICs and Branch Codes
Keep golden copies of all messages
Deliver copies of messages to internal applications & interested parties in any format/protocol
Eliminate complex message routing rules, engage data subscription
Control message subscription using Schedules
Engage Gates that can be Opened/Closed for both Real-time and Batch intake/delivery

Gathers messages from every department within the enterprise. Parse, store, categorize, prepare, enrich, validate, approve and transmit. Deliver to the appropriate counterparties globally via the Swift network. Process responses. Capture all incoming Swift messages, accept, process and deliver to interested parties.

Features

Visibility & Control

Event Management & Notifications

Repair Stations

Receive and process Nacks from Networks and Counterparties
Match against original message and update the status on real-time dashboards
Failed messages result in notifications posted in dashboard and emails sent to interested parties
Interface for repairing source message, target message or simply reprocess after updating reference data tables with any missing information

Advanced Features

Swift GPI for real-time tracking of funds, identify best routing and for re-routing
Swift Securities View for tracking securities, early intervention, amendments, cancel/correct etc
No need to invest on Swift Infrastructure, Swift Expertise or Swift Support
Swift Services include Swift Service Bureau for Connectivity, Swift BIC for transmission, Service Hosting and Cloud Services

SWIFT Service Bureau

SWIFT Datawarehouse

SAA archives

Benefits

Service Benefits

Handles all aspects of Swift message administration with complete visibility and control extended to appropriate departments by Message Type, BIC, Branch Code etc
Track the state of status of underlying transaction
Caters to all Business Departments
Addresses the needs of Operations, Compliance and Technology Departments

Platform Readiness

Infrastructure & Operations Cost

FAQs

What does IMS Swift Platform do?

The platform sits between the core systems of an enterprise and the Swift cloud and offers the ability to reach 100% STP with all internal applications while exchanging data with the outside world via FIN for ISO 15022, InterAct for ISO 20022 and FileAct for non-validated messages.

What are some of the key components of IMS Swift Platform?

What are the tools available within IMS Swift Platform?

GUI based Message Mapping Tool
Other message mapping methods (XML based and Table based)
Workflow Manager
Data Flow Manager
Data Subscription Service
Gateway Scheduler

What are some of the readily available Message Mapping Objects available in IMS Swift Platform?

Industry Trends

By Industry

Solution Adoption