BELLIN, a global provider of web-based treasury software and services, has introduced a service that enables SWIFT Standard Corporate Environment (SCORE) members to comply with the security requirements of the mandatory SWIFT Customer Security Programme with minimum effort.
By introducing this service, BELLIN says it is proactively responding to the increased security requirements put forward by SWIFT in 2020, and is making specialists and the necessary technology available. BELLIN SWIFT Service clients will be able to make use of this service free-of-charge, which the firm says will enable them to complete the audit in no more than half a workday.
“It makes complete sense that there is more and more emphasis on security in treasury,” commented Phoebe Schmalz-Ziekow, product manager Solution Management at BELLIN. “However, the effort involved in meeting these requirements needs to remain manageable. This is why we have worked out solutions with SWIFT that create maximum security for this powerful network at minimum effort for its users.”
The company says that it is this pragmatic attitude and the long-term collaboration that have made BELLIN/SWIFT solutions successful. This was highlighted at BELLIN’s annual 1TC Treasury Convention last week, when BELLIN and SWIFT celebrated 200 BELLIN SWIFT Service clients. In 2013, BELLIN was the first TMS provider to enable corporates access to the SWIFT network through their own BIC. This was followed by the first fully-integrated digital matching solution in 2014 and the first TMS-integrated gpi payment solution as part of the SWIFT g4C initiative in 2019.
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