SWIFT Service Bureau

GXS SWIFT Service Bureau includes:

• Network Protocol Mediation — As a GXS customer, you will be able to choose from a wide variety of secure Internet protocols, including AS2, SFTP, FTPS, HTTPS and MQ, with which to send data to the GXS SWIFT Service Bureau.
• Message Transformation — For both files and messages GXS enables any-to-any transformation services to convert messages to and from ISO 20022 XML, SAP IDoc, Microsoft Excel, SWIFT MT/FIN, EDI, and XML as well as many other proprietary application formats. In addition, GXS can offer aggregation and de-aggregation of data from multiple disparate sources as well as data enrichment and data validation services.
• On-Boarding — GXS can manage the implementation process for your new service bureau connections end-to-end with our proven five-phased, on-boarding methodology that includes connectivity, map development and end-to-end testing.

With the GXS SWIFT Service Bureau, financial institutions and corporate organisations can:

• Simplify connectivity — With the GXS Service Bureau, banks and corporate can connect and communicate with one another seamlessly using a single standardised point of access that doesn’t require either side to change its preferred protocols, standards and formats.
• Reduce costs — By utilising the GXS SWIFT Service Bureau to establish B2Bank connectivity with the SWIFT network, you can eliminate the need to invest in additional infrastructure or resources to support your SWIFT messaging needs.
• Enhance payments visibility — GXS enables corporate and financial organisations to utilise a single, secure gateway to communicate financial messages such as payment instructions, bank statements, foreign exchange transactions and securities holdings reports to help increase transparency and accountability across the financial supply chain. In addition, errors and delays often caused by human intervention are greatly reduced