Swift

SWIFT is a global financial cooperative that provides a secure, resilient network which enables more than 10,800 financial institutions to exchange information in standardised message formats, and provides industry-wide data and utility services. Investment managers typically use SWIFT messaging services to support automated post-trade processing. These messages are based on standards, which facilitate the straight through processing of the data they contain. Through these messaging services and related standards, SWIFT can help to cut costs and risks by increasing automation of information that investment manager's exchange with counterparties such as custodians and service providers.

Connecting digital islands: CBDCs

Around the world, momentum for exploring central bank digital currencies (CBDCs) is growing. Nine in 10 central banks are already pursuing their own forms of digital value, accounting for 90% of global GDP. To make sure the financial community is ready for a future where digital and fiat currencies…