INTELLIGENT SWIFT COMMUNICATION
SmartCom

SmartCom

Intelligent Swift communication

SmartCom is an innovative, platform independent, message communication solution for financial institutions.

Conversion between ISO 15022 and 20022 standards

It ensures interoperability and compatibility between various communication standards. It provides access both to the old ISO 15022 and the new 20022 SWIFT message formats while keeping the internal proprietary message communication format.

Modular construction and pricing

Owing to its modular construction, it offers complete solution, whether it's the transformation of a single message or the entire product palette.

Swift GPI Payment tracking function

In the world of global payments, the new SWIFT gpi function creates the possibility for anyone and anywhere to track the lifecycle of money transfers in order to send and receive funds quickly and securely with full transparency over where a payment is at any given moment.

Web-based and integrated solutions

It’s a flexible and parametrisable integrated solution for institutions already having SWIFT connection that can easily be inserted into any technological environment.

 

Our web-based solution enables also institutions without SWIFT connectivity to prepare and transmit ISO messages.

SmartCom

 

SmartCom provides a unique service in the Central and Eastern European market with online support. The solution can be easily and quickly implemented in the infrastructure of the financial institution by the assistance of our expert colleagues, experienced in the field of message communication standards. This ensures fully automated message communication and proper message format, increases efficiency and compliance.

Automated SWIFT communication is the basis of international communication, improved co-operation, network-building and cross-border services. Using uniform standards fosters easier data service provision and better regulatory compliance.

  • SWIFT CERTIFIED SYSTEM
  • UP-TO-DATE UPGRADES TO FOLLOW REGULATION CHANGES
  • FULLY AUTOMATED, INCREASED STP-RATE
  • REDUCTION OF COST AND IMPLEMENTATION RISK
  • VARIOUS CHANNELS, FORMATS AND PROTOCOL MANAGEMENT
  • ONLINE KNOWLEDGEBASE
  • MONITORING
  • AUTHENTICATION, ALERTS, LOG FILES
  • EXPERT COLLEAGUES, TESTING SUPPORT

News

New ISO 20022 SWIFT standard

Financial community has decided with consensus to move to the new ISO 20022 SWIFT standard, widely recognized as the standard for the future, with the payment and reporting messages. 

Date of migration: November 2021, preparation should be started today!

Aforementioned decision further confirms EU guidelines to provide services for all customers without any discrimination in terms of accessibility, i.e. financial institutions have to provide all services to all customers independently of the message channel.

The aim of the change is to settle all capital and money market transactions using ISO 20022 messaging standard, whereas to enable financial institutions to provide all their domestic and international customers with automated and standard messages, real-time, tailor-made to specific needs, utilizing all possibilities of the SWIFT toolbar.

This imposes a huge challenge on the capital and money market actors in the coming period.

Solution is SmartCom, „the intelligent communication tool”

https://www.swift.com/standards/iso-20022-programme