KAS Bank Chooses SunGard for SWIFTNet Migration
KAS Bank, an independent, specialized European bank that provides modular securities services and information services, has selected MINT, from SunGard Business Integration, an operating group of SunGard, to help its migration to SWIFTNet. According to SunGard, MINT integrates business processes and their supporting applications, and delivers straight-through processing and workflow management. KAS Bank needed to process its SWIFT FIN traffic over the SWIFTNet network in order to comply with the migration windows set by SWIFT. KAS Bank’s current in-house system only provides a connection to the legacy X.25 SWIFT network, whereas MINT provides a scalable solution that could act as a non-invasive ‘bridge’ between its current system and SWIFTNet.