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S.W.I.F.T. REITERATES ISO15022 MESSAGE STANDARD DEADLINE AT THE LAUNCH OF HELIOGRAPH’S CONVERTER SOLUTION

HelioGraph unveils its proven ISO15022 Converter Solution for securities industry

London, U.K., 3rd August 2001 - HelioGraph, specialists in the financial messaging technology sector, yesterday unveiled its proven ISO15022 Converter Solution to a capacity crowd at its customer event held at the S.W.I.F.T London Headquarters.

The HelioGraph ISO15022 Converter is based on the company’s SWIFTReady Gold accredited Message Broker® and data field dictionary architecture. It allows
organisations to implement the new message standard in record time. This off-the-shelf offering has already been implemented by a number of HelioGraph clients in the knowledge that the new messages will be live in less than 80 working days. Requiring a migration solution based on a proven methodology that is adaptable, flexible and future proof convinced them of the superiority of the HelioGraph solution.

"Like everyone in the securites industry, our clients were looking for an efficient way to migrate to the new message standard whilst minimising cost and effort," comments Gert Raeves, Securities Product Manager of HelioGraph. "The crucial thing when implementing these messages is to adopt the correct architecture from the off-set. Our data field dictionary architecture is recognised by S.W.I.F.T. as the only correct approach to fully capitalising on the power of these new messages whilst also laying the foundations for connectivity to upcoming ISO15022 enabled initiatives such as GSTPA and Omgeo. Utilising this core competency together with our years of business experience, we were able to create a cost effective solution that can be implemented in less than 4 working days."

The S.W.I.F.T ISO15022 messages will be live in November this year and by November 2002 the previous standard will no longer be supported. The deadline has been set and the pressure is on to migrate to the new standard as quickly as possible. HelioGraph understands the requirements of S.W.I.F.T. users and with its proven technology and years of business experience, has created the perfect response to this pressing need.