Swift Continues Cost Reduction Quest for Securities Industry

New York - Messaging services provider Swift has been strengthening its strategy to help the financial services community increase operational efficiency and reduce costs, by establishing partnerships and contributing to collaborative efforts.

Following Swift's growth in the securities space, it started to work more closely with the Depository Trust & Clearing Corporation (DTCC). By joining forces, the groups can help improve market infrastructure and increase standardization.

Swift has now

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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