ADP Wilco, a subsidiary of Automatic Data Processing, Inc. (NYSE: ADP), has been awarded the label “Provider of SWIFT Accredited Solutions” for Germany for 2004. The accreditation relates to ADP Wilco’s German-based SWIFT consultancy expertise and SWIFT services.
The SWIFT accreditation is awarded to professional services companies that demonstrate a high level of SWIFT expertise and that have a proven track record of SWIFT-related consultancy work and operational support. Moreover, it is a strong indication to the financial world that there is a very effective working relationship between ADP Wilco and SWIFT.
ADP Wilco’s certified SWIFT Service Bureau in Germany provides outsourcing services for SWIFT messaging solutions with particular emphasis on securities industry participants. It provides fast-track access to the SWIFT network for the full range of SWIFT messages including securities, treasury, derivatives, and payments, all in a complete service environment.
Commenting on the significance of the award, Klaus Schritt, Regional Manager at SWIFT Germany GmbH said: “We are very pleased. This award proves to the SWIFT community that ADP Wilco in Germany has a good working relationship with SWIFT and we look forward to ADP Wilco continuing to play an important role in helping our community integrate and adopt SWIFT solutions."
Volker Wombacher, head of ADP Wilco’s SWIFT operations in Germany, commented: “We highly value our relationship with SWIFT and this is reflected in the success of our Frankfurt based outsourcing service”.