SWIFT upgrades reference data quality for treasurers
A new reference data service from Belgium-based SWIFTRef enhances data quality for treasurers.
SWIFTRef Consultancy designed the service, which typically would be used to facilitate payments by matching and comparing data. In addition to information about the accuracy of the back-office bank master database, Customer Data Validation suggests the addition of up-to-date bank information.
High-quality reference data is in great demand from corporate treasurers, says Hervé Valentin, head of SWIFTRef at SWIFT, in a statement. “Corporates consume payments reference data to help ensure all out
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