The major barriers to STP include the incompatibility of systems and differing message communication standards in use with the financial supply chain. Traditionally institutions have tried to solve these problems with manual processing or inflexible, tactical messaging solutions. S-Messenger is a functionally rich message broking application that provides a cost-effective message creation GUI, validation, transformation and enrichment. It covers the complete range of SWIFT and other financial messages, interfacing directly with SWIFT Alliance Access (SAA) and SWIFT Alliance gateway (SAG) for FIN and SWIFTNet services.

Full Story: Financial Technology Focus

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