Eastnets has introduced its Managed SWIFT Service on AWS Cloud, offering a solution to key challenges such as regulatory compliance, operational complexity, and cybersecurity risks.

The service provides institutions with a secure, scalable, and cost-effective alternative to managing SWIFT connectivity internally.

Managing SWIFT connectivity requires significant resources and expertise.

Eastnets’ cloud-based solution simplifies this process by integrating with existing systems and offering secure access to SWIFT capabilities, such as SWIFT Alliance Access (SAA), SWIFT Alliance Gateway (SAG), and SWIFT API integration, all hosted on AWS.

The Managed SWIFT Service offers a comprehensive, fully managed solution that includes SWIFT Alliance Access (SAA), SWIFT Alliance Gateway (SAG), SWIFT API integration, ISO 20022 translation, and secure message archiving.

It also features an integrated payment hub for advanced processing and workflow automation, incorporating ISO 20022 translation, duplicate detection, transaction monitoring, and fraud prevention. The service follows a subscription-based pricing model, providing cost predictability and scalability, which is tailored to contract duration and usage.

It meets the SWIFT Customer Security Programme (CSP) requirements, offering continuous monitoring, regular security updates, and robust authentication. Additionally, the service is hosted on AWS infrastructure, ensuring automatic failover and disaster recovery for uninterrupted operations.

The Managed SWIFT Service is designed for banks, credit unions, fintechs, and compliance leaders seeking a reliable, cost-effective, and scalable solution for SWIFT connectivity.

This service draws on Eastnets’ experience operating accredited service bureaus in the UAE and the Americas, ensuring secure and scalable operations globally.

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