The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Swift Unveils Free SEPA Data Registration Service

Share article

Swift has opened the SwiftDirectories Data Update service, a secure and confidential website where financial institutions can maintain their SEPA-related data. Access to this website is open to any appointed employee of a financial institution. Users can register online and update payments-related data belonging to their financial institution whenever required. From the end of December 2007, Swift will offer two new directories, the BICPlusIBAN Directory and the SEPA Routing Directory, to provide the reference data that financial institutions need to achieve STP.
 Registered users of the SwiftDirectories Data Update service can update their institution’s compliance to the SEPA credit transfer and (at a later stage) direct debit schemes, their operational readiness, their participation in ACHs and CSMs, and IBAN related data such as national bank identifiers applied in IBANs (at a later stage) and the BICs that the institution issues with the IBANs. This service is free of charge. The updated data will be included in the published Swift directories.

Related content

WEBINAR

Upcoming Webinar: Data Standards – progress and case studies

Date: 10 November 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Global data standards and identifiers are essential to business growth, market stability and cost reduction – but they can be challenging to implement, while a lack of consistency across jurisdictions has presented obstacles to global take-up. However, with regulators...

BLOG

FINOS and Goldman Sachs Release Legend Open Source Data Management Platform

In pursuit of data collaboration and standardisation across capital markets, the Fintech Open Source Foundation (FINOS) and Goldman Sachs have released Legend, the bank’s flagship data management and data governance platform. The source code for five of the platform’s modules is available from FINOS. Goldman Sachs contributed its PURE logical modelling language and Alloy platform...

EVENT

Data Management Summit London

Now in its 10th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...