Asia leads SWIFTNet Funds migration

Asian fund houses are at the forefront of adopting cutting-edge fund automation technology.

Delegates to Sibos learnt today that Asian fund houses and regional fund house operations dominate a list of firms rolling out the latest fund processing automation technology.

SWIFT announced at Sibos that fund industry players can now use SWIFTNet Funds for live operations related to order processing, price reporting and cashflow reporting. This is the first stage of SWIFT's large-scale initiative to support funds processing automation, enabling enhanced profitability, scalability and service levels. The launch follows successful testing of all solution components by the group of SWIFTNet Funds pilots.

Asian fund players who have signed up to use SWIFTNet Funds include JF Asset...

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