Johannesburg, 03 Nov 2004
Sterling Commerce, a provider of business integration solutions, has announced its support for the recently released SWIFTNet 5.0 store-and-forward service with the release of Connect:Direct for SWIFTNet 3.0. Datacentrix is the sole distributor for Sterling Commerce in SA.
SWIFT is an industry-owned cooperative that supplies secure messaging services and interface software to 7 650 financial institutions in more than 200 countries over a Secure IP Network.
Connect:Direct 3.0 for SWIFTNet enables SWIFT members to automate and manage their file exchanges between back-office applications and other member institutions over the FileAct service, without the requirement to maintain a constant online presence to receive the files.
Member institutions using Connect:Direct 3.0 for SWIFTNet will realise significant business efficiencies by having the option to orchestrate file exchanges over FileAct in both a real-time and store-and-forward mode.
"This technology is an ideal way to cost-effectively exchange a broad variety of files such as bulk payments, securities value-added reporting, commercial trade information, credit-related information and intra-institution information," says Johan Dippenaar, product manager at Datacentrix.
"Many SWIFT FileAct users are already using Connect:Direct for SWIFTNet to intelligently manage their file exchanges over FileAct and we believe they will welcome the extended capabilities of the SWIFTNet 5.0 store-and-forward service.
"The new Sterling Commerce solution provides business value to our SWIFT members by managing the file delivery and retrieval of information between business applications and the FileAct service, so data is delivered on time as dictated by the business process."
Connect:Direct 3.0 for SWIFTNet provides automation facilities to securely exchange files with other Connect:Direct nodes and manages the delivery and receipt of business data with the FileAct service. The solution is application and data-format independent, ensuring implementation flexibility and low integration cost.
"Sterling Commerce is favoured by the global finance sector for the transfer of data across multiple platforms and multiple enterprises in a secure and reliable environment," says Dippenaar. "Connect:Direct for SWIFTNet 3.0 together with FileAct allows institutions to exchange information in a more economical way, extending the reach of FileAct for a higher return on their SWIFTNet investment."
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