Bayer migrates to Broadridge Swift Service Bureau
06 May 2026 Germany
Image: wpw/stock.adobe.com
Bayer, a global life science company, has completed its migration to the Broadridge Swift Service Bureau (SSB).
The transition modernises Bayer’s global payment infrastructure and enhances secure, standardised financial messaging across its international operations.
The migration followed a two-phase approach designed to strengthen compliance, risk, mitigation, and operational oversight.
The project was delivered through a collaborative agile model, enabling rapid iteration, tailored FinMApp enhancements, and close coordination between Bayer and Broadridge teams.
The successful go-live provides Bayer with a modernised, scalable Swift messaging and connectivity model that enhances transparency, control, and compliance across its global treasury activities.
Marcel Bennemann, project manager, Bayer, notes: “The successful migration to Broadridge’s Swift Service Bureau represents an important step forward in strengthening our global treasury infrastructure.
“We required a solution that could support complex system integration, rigorous validation processes, ISO 20022 readiness, and the ability to manage four4 million payment transactions annually across over 80 banking partners worldwide.”
Heidi Dittmar, head of Germany at Broadridge, adds: “Large-scale Swift migrations require deep technical expertise, disciplined execution, and close collaboration.
“We worked closely with Bayer to deliver a secure, highly customised solution that integrates multiple systems, supports complex authorisation structures, and provides the flexibility to evolve with future regulatory and operational requirements.”
The transition modernises Bayer’s global payment infrastructure and enhances secure, standardised financial messaging across its international operations.
The migration followed a two-phase approach designed to strengthen compliance, risk, mitigation, and operational oversight.
The project was delivered through a collaborative agile model, enabling rapid iteration, tailored FinMApp enhancements, and close coordination between Bayer and Broadridge teams.
The successful go-live provides Bayer with a modernised, scalable Swift messaging and connectivity model that enhances transparency, control, and compliance across its global treasury activities.
Marcel Bennemann, project manager, Bayer, notes: “The successful migration to Broadridge’s Swift Service Bureau represents an important step forward in strengthening our global treasury infrastructure.
“We required a solution that could support complex system integration, rigorous validation processes, ISO 20022 readiness, and the ability to manage four4 million payment transactions annually across over 80 banking partners worldwide.”
Heidi Dittmar, head of Germany at Broadridge, adds: “Large-scale Swift migrations require deep technical expertise, disciplined execution, and close collaboration.
“We worked closely with Bayer to deliver a secure, highly customised solution that integrates multiple systems, supports complex authorisation structures, and provides the flexibility to evolve with future regulatory and operational requirements.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
