More NewsGPS Capital Markets Goes Live with EastNets for Outsourced SWIFT Connectivity

GPS Capital Markets Goes Live with EastNets for Outsourced SWIFT Connectivity

GPS Capital Markets, a US-based corporate foreign exchange brokerage firm, is now live with EastNets’ SWIFT service bureau, a fully-managed hosting solution to enhance payment and treasury operations and reduce costs and payment security risk.

EastNets’ en.Service Bureau enables corporates like GPS to join the SWIFT network by offering both a fully-managed hosting facility as well as a shared environment. en.Service Bureau helps GPS make international payments and other financial transactions more secure and cost-effective, as well as accelerate straight-through processing (STP) and improve response times.

“GPS is delighted to have selected and deployed EastNets’ premier service bureau for outsourced SWIFT connectivity,” said Jason Langston, chief financial officer (CFO) of GPS. “EastNets will enable GPS to accelerate our financial transactions in an accurate and highly-secure manner as well as reduce the cost and risk of making an increasing volume of international payments.”

Related Articles

Preparing for GDPR? Here’s four things to consider

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

2m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

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

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

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

3m 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

4m 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

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

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

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi