SWIFT has completed the proof of concept phase of development of its value-added network solution for T2S.
“This is a critical milestone in the delivery of SWIFT’s solution, which will enable T2S participants to connect to T2S with the highest resilience, at the best price and with the lowest upfront cost,” said a statement from the company.
In parallel to the development of its connectivity solution, SWIFT has also created a suite of services to support its customers in the transition to T2S.
Alain Raes, chief executive, EMEA, SWIFT, said: “Our customers are asking themselves critical questions about the impact of T2S on their business and operations, about the strategies they should adopt to remain successful in the new T2S world, and about how to achieve the migration with the lowest cost and risk.”
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