In addition, Traceâs Transformer product has simultaneously gained the SWIFTReady Message Data Services (MDS) label.
To achieve this status Trace Financial has implemented a comprehensive suite of mappings between the SWIFT MT and MX standards and passed (100%) a comprehensive test suite to prove accurate implementation. The solution is capable of being deployed as a service in numerous technical architectures including J2EE, .NET, Web Services and within third party message brokers. The power of Transformer is that these mappings can be implemented and maintained without writing code and the same approach can be used for all messaging within a financial enterprise. Libraries are available for CREST, TRAX, FIX, FpML as well as SWIFT MT and MX and support for a client's proprietary formats.
Eric Meirlaen who is responsible for the two labelling programmes at SWIFT commented, âSWIFT is happy to acknowledge CloverleafÂ®financeâs capabilities with the tenth consecutive SWIFTReady accreditation - the most that any product has achieved. Traceâs Cloverleaf has consistently demonstrated excellent performance against the demanding EAI criteria that SWIFT has set each year and we commend this achievement.â
He added, âThe Transformer product has significantly impressed many people at SWIFT with its ability to handle complex financial message standards and to be deployed in numerous technical architectures. We are pleased to formally recognize and applaud these capabilities with the award of the SWIFTReady label in our Messaging Data Service category.â
John Murphy, M.D. of Trace Financial stated âWe are very pleased that we have been able to maintain the market leading position of CloverleafÂ®finance. Our clients world-wide appreciate the power of our messaging technology and this award demonstrates to the market at large that CloverleafÂ®finance is a world class solution.
âTransformer is a unique technology that revolutionises the ability of an enterprise to cope with the ever increasing demands of complex financial message standards. It is the culmination of over twenty years continuous experience delivering messaging solutions and we have received tremendous feedback from our clients who continue to find more and more situations to use it. The MDS award is further validation of Transformerâs world-leading status.â