Swift Plans Service Expansion

- WatersTechnology Staff
- 16 Feb 2009

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The vendor will expand its Alliance Lite product for low-cost access to Swift's SwiftNet network this year with new message types to support securities transactions, targeting firms that trade low volumes of securities, in addition to firms currently using it for messages that support their cash and liquidity management functions.

The initial Alliance Lite roll-out focuses on corporates and small financial institutions, which will be followed by a rollout aimed at investment managers later in the

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