Eastnets, a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. The service address critical challenges such as regulatory compliance, operational complexity, and cybersecurity risks, the service offers institutions a secure, scalable, and cost-effective alternative to in-house SWIFT management.
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Managing SWIFT connectivity internally often requires significant resources, infrastructure investments, and dedicated expertise. Eastnets’ cloud-based solution simplifies these demands by seamlessly integrating with existing systems and providing secure access to key SWIFT capabilities, including SWIFT Alliance Access (SAA), SWIFT Alliance Gateway (SAG), and SWIFT API integration, all hosted on AWS infrastructure.
“With the global launch of this service, we are empowering financial institutions to replace complex, resource-intensive SWIFT management with a streamlined, secure, and cost-effective solution,” said Anas Jaber, Group Director, Cloud Services & Information Security at Eastnets. “This service offers the flexibility, scalability, and compliance that organisations need to stay competitive in an evolving financial ecosystem.”
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Key features of the Managed SWIFT Service include:
- Comprehensive, fully managed SWIFT Service including SWIFT Alliance Access (SAA), SWIFT Alliance Gateway (SAG), SWIFT API integration, ISO 20022 translation, and secure message archiving.
- Integrated payment hub for advanced processing and workflow automation with ISO 20022 translation, duplicate detection, transaction monitoring and fraud prevention.
- Subscription-based pricing tailored to contract duration and usage, providing financial institutions with cost predictability and scalability.
- Meets SWIFT Customer Security Programme (CSP) requirements, with continuous monitoring, regular security updates, and robust authentication.
- Leverages AWS infrastructure with automatic failover and disaster recovery for uninterrupted operations, even during system disruptions.
The Managed SWIFT Service is ideal for banks, credit unions, fintechs, and compliance leaders seeking reliable, cost-effective, and scalable solutions for SWIFT connectivity.
The solution builds on Eastnets proven expertise and experience operating accredited service bureaus in the UAE and the Americas, ensuring secure and scalable operations worldwide.
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Source – eastnets
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