June 10, 2013 – Surecomp®, a leading provider of global trade solutions for banks and corporations, today confirmed that it is a fully accredited member of the SWIFTRef Partner Programme. SWIFT’s unique reference data service, SWIFTRef offers a single trusted source for all reference data required to ensure flawless payments processing and accurate regulatory reporting.
The SWIFTRef Partner Programme enables Surecomp’s global development centers to easily access and integrate high-quality reference data, thereby adding value to Surecomp’s suite of global trade solutions for banks and corporations. The SWIFTRef service includes the identification and validation of BICs, IBANs, national bank codes, standing settlement instructions, SEPA routing information and other reference data required on a daily basis.
“We are delighted to welcome Surecomp to the SWIFTRef Partner Programme,” said Patrik Neutjens, Head of Reference Data at SWIFT. “Leveraging SWIFTRef, Surecomp can maximize the efficiency of its products, a number of which have received our SWIFTReady Trade Finance Application label for many years running.”
To guarantee the quality of SWIFTRef reference data, only the authoritative data originators are used as sources to maintain data in the SWIFTRef utility. Authoritative data originators include banks and central banks, code issuers, regulators, national code authorities and regional communities.
“Using SWIFTRef gives our clients complete confidence in the accuracy of accessed reference data,” said Raphael Barisaac, Surecomp Vice President Europe and Global Head, Trade Finance & Supply Chain Finance Solutions. “The availability of instant 24/7 access and automatic updates saves our clients valuable research time, ensuring that our global trade solutions always reflect the latest information available.”
SWIFT is a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. More than 10,000 financial institutions and corporations in 212 countries trust SWIFT every day to exchange millions of standardized financial messages. This activity involves the secure exchange of proprietary data while ensuring its confidentiality and integrity. For additional information on SWIFT visit www.swift.com.
SWIFTRef, the global payments reference data utility, is SWIFT’s unique reference data service. As the payments industry becomes more complex, SWIFT has built the global payments reference data utility to meet the needs of the payments industry for complete and reliable reference data. SWIFTRef offers a single source for all the reference data required for flawless payments processing and accurate regulatory reporting. SWIFTRef sources data direct from data originators, including central banks, code issuers and banks. SWIFTRef provides standard data collection tools and making it easy for issuers and originators to maintain data regularly and thoroughly. SWIFTRef constantly validates and cross-checks data across the different data sets. Data sets are available in a range of services and packages to suit varying business needs, budget and a choice of delivery channels: via SWIFT FileAct, downloadable from the web as well as online and web-based services. For additional information on SWIFTRef visit www.swift.com/SWIFTRef.
Surecomp is a leading provider of global trade solutions for the financial services community. Established in 1987, Surecomp is a market pioneer with a proven track record delivering innovative solutions to major banks and financial services providers worldwide. With a global network of regional offices and state-of-the-art development centers, Surecomp successfully supports hundreds of installations in over 70 countries. Surecomp’s integrated portfolio of trade finance, supply chain solutions and treasury confirmation matching solutions streamlines the transaction lifecycle to minimize costs and maximize profits.