ACI Worldwide Achieves 2013 SWIFT Certified Application Accreditations
ACI Money Transfer System™ and ACI Global Trade Manager™ achieve SWIFT Certified Application accreditations for consecutive years
The SWIFT accreditation for payments recognizes that Money Transfer System supports SWIFT's highest requirements for the processing of payments. ACI has also integrated the updated SWIFTRef directories within Money Transfer System — showing ACI's commitment to providing customers a smooth transition to the new directories.
In addition, ACI Global Trade Manager™ achieved the 2013 SWIFT Certified Application Supply Chain Finance for the sixth year in a row. The label is granted to trade finance applications supporting SWIFT Trade Services Utility (TSU) messages and workflows. Global Trade Manager is designed and built according to TSU standards and is fully compliant with TSU Release and the SWIFT Bank Payment Obligation (BPO), enabling open account services. According to SWIFT, nearly 80% of global trade is now conducted using open account. Global Trade Manager offers financial institutions the ability to meet the high demand for open account services.
"ACI is an established partner in the SWIFT community. Adherence to the
SWIFT Certified Application labels demonstrates an organization's
compliance with the ongoing evolution of the marketplace. We are pleased
to see the ongoing commitment from
"ACI strives to offer superior solutions to its customers. The
transaction banking business is evolving dynamically with a constant
onslaught of regulation and new customer demands. ACI excels at
balancing innovative product offerings while strictly maintaining
compliance for new standards and compliance initiatives," said
Money Transfer System is a functionally rich payments and SWIFT
messaging solution that provides global processing capabilities. With
interfaces directly to
Global Trade Manager is designed as an end-to-end system that processes all transaction types, both traditional trade and open account transactions, regardless if they are for the domestic or international markets. Corporate clients of the bank can access, enter and track their entire trade portfolio of traditional trade and open account transactions over the internet. For more information on Global Trade Manager, please visit www.aciworldwide.com/globaltrademanager.
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Courtney.Cydylo@aciworldwide.com
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