Another arrow added to Swift's quiver

The Society for Worldwide Interbank Financial Telecommunications (Swift) is in the process of acquiring SunGard’s Ambit Messaging Hub (AMH). Lázaro Campos, chief executive of Swift, said the acquisition, which he described as a “combination of strategic intent and opportunity”, is scheduled to be finalised at about the same time as Swift’s annual Sibos conference, which will be held in the Dutch capital of Amsterdam this year.