(FinSwitch, a provider based in Cape Town, South Africa, that offers securities transaction flow support is readying a messaging and transaction platform based on distributed ledger technology (DLT). Dubbed FinChain, the new system will replace its legacy offering that FinSwitch says offers “a common automated platform to process transactions, fund prices, and other data between… Read More >>
SWIFT Launches Translator to Jolt ISO 20022 Migration
Financial services messaging cooperative SWIFT is taking steps to ease the migration to the state-of-the-art ISO 20022 messaging standard, which has not been widely accepted by buy-side firms wedded to older messaging standards. A new offering, SWIFT Translator, is intended to help institutions and market infrastructures “translate messages from any format to ISO 20022 or… Read More >>