Business Connect

Swift's Business Connect is a cloud-native solution that allows financial institutions and service providers to seamlessly embed Swift connectivity into their business applications and cloud services. This service enables banks and other organizations to offer their customers secure, streamlined access to the global financial community, simplifying their operations and expanding market reach.

Why is Swift Business Connect Valuable for Banks?

For banks, Business Connect is a strategic tool, helping them to stay competitive in an increasingly digitized financial landscape. By embedding Swift connectivity, banks can offer a superior customer experience, with faster onboarding, access to global markets, and the ability to securely deliver a wide range of services. Additionally, by hosting the infrastructure in the cloud, banks can reduce the cost and complexity of maintaining connectivity, while enhancing their ability to innovate and grow.

With Business Connect, banks not only simplify their own operations but also empower their customers by providing a seamless and secure gateway to the global financial system.

Key Benefits of Business Connect

Seamless Global Connectivity

With Swift Business Connect, banks can integrate Swift connectivity into their platforms, giving end customers direct access to over 11,000 financial institutions across 200 geographies. This enables businesses to securely correspond and transact within the global financial ecosystem without the complexities of traditional integration​.

Simplified Customer Experience

Business Connect eliminates the need for end customers to navigate complex Swift protocols, USB tokens, or certificates. Instead, they enjoy a seamless onboarding process with minimal maintenance, making it easier for them to adopt and use Swift services​.

Enriched Value Proposition

By embedding Swift connectivity into their offerings, banks can differentiate themselves by providing value-added services such as Swift Go, Payment Pre-validation, and SwiftRef. This expands their capabilities, helps attract new customers, and opens opportunities in new markets​.

Flexible Cloud Integration

Swift's Business Connect offers flexibility in deployment, allowing banks to either integrate Swift connectivity into their core applications or embed an API channel into their Software-as-a-Service (SaaS) offerings. The entire infrastructure can be hosted in the public cloud, providing scalability and reducing overhead​.

Enhanced Straight-through Processing 

The solution also supports enhanced straight-through processing, which streamlines workflows, reduces errors, and optimizes operational efficiency. This is particularly valuable for institutions seeking to meet growing demands for speed and transparency in payments and securities transactions​.