More NewsHIFX chooses SMA’s Bureau Service for SWIFT connection

HIFX chooses SMA’s Bureau Service for SWIFT connection

Corporate foreign exchange and cash deposit provider HIFX Plc has gone live with the SWIFTAlliance Bureau Service from SMA Software and Consulting, a completely managed system for funds transfer over SWIFT. SMA has connected HIFX to SWIFT via its Bureau Service, running on SWIFT’s proprietary SWIFTAlliance systems and provided the company with the optimum secure interface between itself and its UK bank within the SWIFT environment. John Ballantyne, business development consultant, SMA Bureau Services, says: “At SMA we are focusing on connecting clients to SWIFT with the minimum of effort on their part. For HIFX it was vital that they could outsource to the right partner, as they needed a completely reliable, managed and secure system for customer fund transfers. Confidentiality and security of financial transactions is paramount to HIFX’s clients, but alongside that the system has to operate in a truly complex environment.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha