IT2 Validated SWIFTReady Application for Corporates - Treasury
IT2 Treasury Solutions has again been certified with the SWIFTReady for Corporates Treasury label. The label, annually revalidated, certifies IT2’s compatibility and compliance with SWIFT’s messaging standards and its platform for providing corporates with a single channel of access to financial services.
“Financial connectivity has never been more important to corporates, as they seek to achieve STP [straight-through processing], efficiency and control,” explained Paul Higdon, chief technology officer (CTO), IT2 Treasury Solutions. “Robust, automated messaging workflows reduce cost and risk, optimise liquidity management, and strengthen security. IT2 is designed to integrate seamlessly, providing SWIFT-enabled real time connectivity out of the box.”
Higdon noted two new developments in IT2 technologies that use the SWIFT XML messaging standards and infrastructure. “IT2 can be deployed as a single, functionally complete TMS [treasury management system], or as a solution that addresses specific, functional requirements for SWIFT connectivity, such as bulk payments and eBAM [electronic bank account management] messaging.”