To address this integration complexity and speed up the process, BankServ'sTurboSwift Corporate Solution uses Microsoft BizTalk Server and BizTalk Accelerator for SWIFT to provide the most comprehensive, reliable and secure delivery of financial messaging using the SWIFT format and network.
San Francisco, CA (PRWEB) September 13, 2009
BankServ (http://www.bankserv.com), worldwide experts in electronic payments, today announced that its TurboSwift Corporate Solution is now easily integrated with Microsoft BizTalk Server and BizTalk Accelerator for SWIFT. This powerful software combination enables more corporations to use the SWIFT network to move financial information globally and translate data into standard formats that can be used by virtually any back-office system.
BankServ's TurboSwift Corporate Solution was among the first SWIFT service bureau systems for Fortune 500 Corporations, and utilizes leading-edge productivity features that save time and money for clients with complex, international finance needs. The TurboSwift for BizTalk solution provides all hardware, software and services required for SWIFT corporate-to-bank connectivity. Ongoing 24/7 support for upgrades, disaster recovery and essential maintenance requirements further reduce operations and maintenance costs and internal burden on IT resources.
Popular SWIFT message formats, such as SWIFT FIN, FileAct, and OFAC Global Compliance, are all supported by the TurboSwift Corporate Solution - and Microsoft's BizTalk Accelerator for SWIFT helps provide the format translation, mapping and routing that enables the exchange of any file or format type. As such, corporations can automatically send financial messages, payment transactions and virtually any file to any number of banks internationally. This straight-through processing also helps corporations better manage their funds and make treasury decisions by automatically receiving statements and confirmations from all of their banks in a single consolidated view of cash flow positions.
"This partnership with Microsoft is part of our ongoing commitment to offer our corporate clients best-of-breed technology options to meet their needs," comments Mary Ellen Putnam, BankServ's vice president and general manager, International. "Our TurboSwift Corporate Solution is the leading service bureau for SWIFT connectivity and we look forward to helping more corporate clients leverage their existing technology investments."
"Corporations are faced with the daunting challenge of connecting with financial networks for electronic payments through a myriad of applications and systems that need to be integrated," said Susan Hauser, vice president, Worldwide Financial Services. "To address this integration complexity and speed up the process, BankServ'sTurboSwift Corporate Solution uses Microsoft BizTalk Server and BizTalk Accelerator for SWIFT to provide the most comprehensive, reliable and secure delivery of financial messaging using the SWIFT format and network."
Contact BankServ at +44 (0) 20 7562 7620 outside the United States or (415) 277-9900 in the United States. BankServ will also be exhibiting at SIBOS (Microsoft booth #3G08) on September 14-18 and at the AFP Annual Conference (booth #1037) on October 4-7 in San Francisco.
Since 1996, BankServ has been developing and delivering electronic payments and messaging solutions for financial institutions and other corporations across the globe. More information about privately held BankServ can be found at http://www.bankserv.com.
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