key-australian-funds-players-sign-up-with-swift

Key Australian funds players sign up with SWIFT

SWIFTNet Funds accepted as the solution for the Australian market.
With Sibos in full swing, SWIFTNet Funds has scored a win in Australia, announcing that several key industry participants have signed up to send investment funds messaging using its ISO20022 compliant service. The announcement comes amid the news that several other global firms have confirmed their commitment to SWIFTNet Funds and that it is looking further to Asia as a growth segment.

In Australia, Vanguard Investments, BT Wrap, Barclays Global Investors, AUSMAQ and National Custodian Services have signed the dotted line, marking SWIFTNet Fund's first major entrance to the market. To many, this may seem surprising given the worldclass superannuation system that exists in Australia and the large hedge funds industry....
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