Tag: swift

How the financial industry can embrace social media. A visit to Swift’s new Asia-Pacific central control centre reveals an efficient, high-tech hub that aims to be invisible. Swift takes the lead in pushing online innovation in the financial industry. Corporate connectivity is the next big thing in treasury according to HSBC’s head of global transaction banking, Andrew Long. Citi's global transaction services head, Francesco Vanni d’Archirafi, is optimistic about the global economy – not to mention the resiliency of his business. J.P. Morgan is pushing Asian currency capabilities and trade finance growth in the region. Swift’s Asia-Pacific chief executive, Ian Johnston, sits down with AsianInvestor and FinanceAsia ahead of Sibos to talk about developments in the region. The Bank of China touts Swift’s Trade Services Utility in Taiwan with the aim of tapping into improving cross-strait relations. Financial messaging firm Swift promotes Michael Cheung to head of North Asia. Swift’s Connie Leung talks about catching the open account wave in Asia. A panel of risk experts discusses ways of effectively dealing with risks brought on by terrorism and fraud. Sibos becomes the launching pad for the Asia-Pacific Standards Council. Sibos-goers have a reputation for partying, so we went along with them. Trade finance messaging platform to go live before the end of 2006. Bankers are excited about WTO regulations for financial services but are taking a longer-term view. Plenary speakers applaud the Asia-Pacific growth story and discuss future strategies for the region. Panelists discuss the present state of securities market reform and the challenges ahead. Canned kangaroo, hand-painted boomerangs and chocolate Tim Tams add an Australian flavour to the giveaways at this year's global banking jamboree. The opening plenary of Sibos explores the theme of raising ambitions. Hong Kong’s central bank replaces its existing proprietary network for RTGS systems.