Swift eyes growing interest from Asian companies

Swift says surveys held at a series of regional forums show increasing interest from Asia-Pacific companies in connecting to its services.
Connie Leung, Swift
Connie Leung, Swift

Swift says it has identified growing interest from Asian companies, particularly those in Japan, that want to connect to its services. The claim follows surveys carried out at a series of forums held across Asia this year in collaboration with local treasury associations, member banks and partners. Results from the surveys point to increased receptiveness to Swift technology among Asia-Pacific companies, says the firm.

“The surveys showed that corporates are thinking a lot about reengineering their treasury operations and looking for automation, security, standardisation, rationalisation and interoperability. What surprised us is that some corporates are not convinced that local banks can support Swift, so we will have to work more on the readiness side,”...

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