The LogicaCMG RMA will work with any SWIFT CBT as well as LogicaCMGâs two existing platforms BESS and FASTWIRE .
The RMA is a scalable, standalone product designed to meet the demands and requirements of the worldâs leading banks. Using open systems technologies and an intuitive Web Browser interface, it provides high levels of automation for efficient management of business relationships on a global scale.
Like the globally available LogicaCMG All Payments Solution (LAPS), the LogicaCMG RMA is part of the LogicaCMG Payments Architecture (LPA). RMA is the first component of LogicaCMGâs next generation of high performance messaging solutions for major banks and financial institutions.
Sarah Loveday, Managing Director of LogicaCMG Global Product Management Unit said:
âLogicaCMG's track record in financial messaging and SWIFT extends over 30 years. The timely delivery of our RMA extends our commitment to the existing SWIFT clients while inviting others to examine the functional richness of our solution. FASTWIRE, BESS and The LogicaCMG RMA are global brand names serving some of the leading financial institutions and are responsible for driving over 10% of SWIFTâs FIN trafficâ.
LogicaCMG is on track to convert all of its SWIFTNet messaging customers to SWIFTNet phase 2 during 2007-8.