More SWIFT, more reach

Industry participants discuss ways for SWIFT to grow.

With 7,574 users, and over 8,000 destinations, it would seem that SWIFT has got a fairly extensive reach already. But at various Sibos sessions yesterday, industry participants discussed the options that SWIFT has for generating more message growth.

At a panel discussion held in the morning, Bill Rosensweig, SVP at Brown Brothers Harriman outlined his ideas for how SWIFT could grow its traffic. Reach and the ability to lower the cost of entry for new SWIFT users is the key to SWIFT's growth, he said. However, I think that SWIFT's existing membership is key to this new growth. He added that his idea was encapsulated by the idea...

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