SWIFT connectivity
SWIFT has been one of the main beneficiaries of this move to bank-agnostic systems and services, showing a 40% growth in corporate users in 2009, taking the total to 565. The majority of corporate users connect to SWIFT via a service bureau, with 20% of last year’s new users opting to use the SWIFT Alliance Lite service.
Large companies still dominate the SWIFT corporate user base, but 2009 saw a significant increase in the number of medium-sized and smaller companies. Corporate user traffic is still dominated by SWIFT FIN messages for bank account balance and transaction reporting and for payment messages, and the use of SWIFT FileAct bulk message files...
