SWIFT certifies X-Gen as ‘SWIFTReady Funds’ for the 8th consecutive year

Frankfurt, Germany - 13 May 2011

Swissrisk Financial Systems, European Software Specialists, announced today that its Financial Messaging and Workflow solution, X-Gen, has been certified with its eighth consecutive SWIFTReady Funds label. This certification proves Swissrisk’s expertise to supply ISO2022 Messaging to the Fund business.

Every year, SWIFT awards product certification labels in order to provide its members with quality criteria to assist them in the choice of software solutions. To be awarded a label, the software must fulfill and comply with a set of criteria which reflect its capability to provide message processing automation in a SWIFT context. The requirements are updated every year, and providers’ products undergo annual SWIFT assessments.

Swissrisk has participated in the SWIFTReady certification program since 1999, and the successful yearly renewal of this label demonstrates Swissrisk’s ongoing commitment to provide fully SWIFT compliant solutions to the financial industry.

Dirk Vesper, Swissrisk’s Head of X-Gen Product Development, remarked, "X-Gen allows customers to implement projects for Asset Managers and Securities Back-office Operations very quickly. New clients can be on boarded within days. X-Gen supports institutions to become MX compliant and to meet the SWIFT deadline for MT decommissioning in 2012”.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development