IBAS holds SWIFTReady Gold in the Multi-Market category, covering Payments, Trade Finance and Forex & Money Markets.
First granted to IBAS in 1998, SWIFTReady Gold is one of the banking industryâs best known and most widely respected accolades. This latest revalidation confirms CBAâs position as the leading developer of fully automated End-to-End international payment processing software, allowing banks to process banks international payments with a STP (Straight Through Processing) Quality Level up to 100%, and typically more than 80%.
Rolf Hauge, CBAâs President and Chief Executive Officer comments, âIBAS is made for bankers by bankers, and can guarantee institutions the highest STP Quality Rates available.
The fact that CBA has received SWIFTReady accreditation for the ninth consecutive year is testament to the fact that IBASâ End-to-End STP transaction processing capabilities are the only sure way that banks can minimise their international payment processing costs.â