Skip to main content

Swift Opens Kuala Lumpur Office

Petronas Towers in Kuala Lumpur
Swift's new office is based in Kuala Lumpur, home to the Petronas Towers.

The new office is part of the company's growth strategy for the Asia-Pacific region, says CFO Francis Vanbever. Swift also has offices in Hong Kong, Singapore and Tokyo.

"We recognize the shift of the global economic center of gravity to the East," says Vanbever. "We have established this center to reflect our belief in continued growth in the Asia-Pacific region and to further strengthen our back-office operations to serve the global Swift community."

The new office is located in the Bangsar South district of the Malaysian capital city, and will offer IT development, qualification testing, support, business operations, accounting and finance analysis and transactional functions.

Michel Christophe, former group financial controller, has taken charge of daily operations and management of the new site.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here