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Top 100 SWIFT User Streamlines Operations and Reduces Operational Risk With Migration

Overview KAS Bank, a specialist European bank for the wholesale securities services industry, is one of the top 100 global users of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). The bank uses SWIFT for more than 95 per cent of its transaction messaging, and wanted to eliminate the need for multiple connectivity applications. It also wanted to provide customers with faster, more reliable corporate actions, settlements, and payments processing, while lowering operational costs. KAS Bank decided to migrate its entire operations environment from mainframe to Windows Server 2003 by 2010. It is deploying Microsoft BizTalk Server 2006 with Microsoft BizTalk Accelerator for SWIFT to give institutional investors highly secure, reliable SWIFT connectivity.

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Publisher
Microsoft
File Format
WORD
Date Published
Dec 3, 2008
Format
Case Studies
Topics
.NET, Application Servers, Business Management

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