ACI Money Transfer System Gains SWIFTReady Accreditation

ACI Money Transfer System has achieved the SWIFTReady accreditation for payments for the 13th consecutive year, and ACI Open Account Manager has achieved the SWIFTReady Trade Services Utility (TSU) accreditation for 2010, the third year in a row since the inception of the programme.

The SWIFTReady accreditation for payments recognises that Money Transfer System satisfies SWIFT’s requirements for the initiation, generation, processing and settlement of payments, and demonstrates ACI’s commitment to SWIFT’s standards, products and services. The SWIFTReady TSU label is granted to trade applications that work in a banking back-office context. SWIFT awards the label after a successful technical and functional validation.

“We are extremely proud to receive SWIFT accreditation again this year. It emphasises our ongoing commitment to being a leader in SWIFT processing,” said Louis Blatt, chief product officer (CPO) at ACI Worldwide. “The payments landscape has recently seen major economic changes forced upon it. As SWIFT continues to introduce operational changes in response, our clients can be confident that ACI’s products address their business and regulatory needs now and into the future.”

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