TAS Group, a provider of digital payments, liquidity management and financial messaging software solutions, has received global acceptance by SWIFT.
As a vendor, the group can now support SWIFT’s Cross-Border Payments and Reporting Plus (CBPR+) message specifications.
Both the TAS Network Gateway platform and the liquidity management solution Aquarius can support the new ISO 20022 standard, in addition to the legacy SWIFT-MT financial messages, to send and receive cross-border payments and to manage reporting.
TAS’ commitment to bridge compliance complexities for banks in the payments space is stronger than ever, according to Gianpiero Caretti, senior business development manager at TAS International.
Caretti commented: “Our financial messaging solutions sit at the heart of the Eurosystem’s payments and securities settlement infrastructures, and are continuously evolved to support changing and emerging standards as well as market infrastructure protocols.”
“TAS helps banks to decouple their applications from the network technicalities and simplifies legacy modernisation, enabling them to be more competitive. Our 30 plus years of collaboration with SWIFT and vast experience in ISO 20022 compliance worldwide can ease the adoption path for any type of PSP worldwide,” he added.
At the Sibos digital conference this year, SWIFT revealed its new strategic vision to support the payments business of financial institutions through instant and frictionless transactions.
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