The service can handle the SWIFT messaging requirements of buy-and-sell-side financial institutions and corporate users. It is backed by ADPâs 24-hour support services and track-record in outsourced IT service provision.
âADP Wilcoâs SWIFT Service Bureau customers benefit from quick access to the SWIFT network; reduced processing costs and a professionally managed, complete service. Our expansion of this service to the Asia Pacific region is the latest example of our determination to extend this service, for use globallyâ, said Tom Carey, Chief Operating Officer, ADP Wilco.
Users of the SWIFT Service Bureau can also benefit from ADP Wilcoâs SWIFT Transaction Manager, an advanced web-based workflow feature that enables users to manage and control the processing cycle of their messages.
They can also use this feature to create, release and re-route messages in a dynamic yet controlled environment. Users without knowledge of SWIFT formats can input messages in any format, which can then be transformed automatically into the appropriate SWIFT format.
ADP Wilco already has a well-established industry-leading SWIFT bureau service that has experienced considerable growth over the past two years. The SWIFT Service Bureau further extends ADPâs broad range of international services which include institutional and retail securities transaction processing and electronic shareholder communication services.