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Society for Worldwide Interbank Financial Telecommunications

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Society for Worldwide Interbank Financial Telecommunications (SWIFT)
A dedicated computer network to support funds transfer messages internationally between over 900 member banks world-wide.

Society for Worldwide Interbank Financial Telecommunications
A cooperative society that provides highly secure message communications between banks. It does not transfer money or any other financial materials, but simply provides information. It also standardizes forms between members so as to reduce costs and operational risk. Founded in 1973 and headquartered in Belgium, SWIFT has thousands of members in more than 200 countries worldwide.


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Morgan Stanley, the Society for Worldwide Interbank Financial Telecommunications and the New York Branch of Hokkaido Takushoku Bank relocated their respective data operations to Newport earlier this summer while Mayer & Schweitzer, a subsidiary of Charles Schwab & Co.
today announced that, for the first time, the 7,650 financial institutions in 200 countries that comprise the Society for Worldwide Interbank Financial Telecommunications (SWIFT) can now select an industry-standard server platform that delivers the industry's highest levels of uptime reliability to comply with the stringent network-access requirements defined by SWIFT.
5, 2002 Alliance Supports Delivery of SWIFT standard messaging via IONA's Orbix E2A Web Services Integration Platform; Highlights Web Services as Mechanism to Extend SWIFT and ISO-15022 Integration to Buy-side Participants IONA(R), the leading e-Business Platform provider for Web Services Integration (NASDAQ: IONA), today announced it has signed an alliance agreement with the Society for Worldwide Interbank Financial Telecommunications (SWIFT).
 
 
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