Microsoft will host SWIFT's cloud-based payment transfers on Azure in new partnership

guest · Oct 22, 2018

Microsoft will host SWIFT's cloud-based payment transfers on Azure in new partnership
October 22, 2018
https://www.neowin.net/news/microso...payment-transfers-on-azure-in-new-partnership

Microsoft has announced on Monday a new partnership with SWIFT, a global provider of financial messaging services, which will see the deployment of the latter's cloud-based messaging services on Azure. The goal of the tie-up is to allow for faster and more secure operations for financial institutions and technology providers that rely on SWIFT.

Microsoft noted that more than 11,000 financial institutions worldwide are using SWIFT to send payment messages over a secure network. With the new partnership, the companies aim to bolster the security, operational, and intelligence capabilities of these transactions by building a bank-like wire transfer experience based on Microsoft's cloud offerings.

Moving forward, the companies plan to roll out a private preview to their joint customers in the future in an effort to help cloud-native payments comply with Content Security Policy standards.
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guest · Sep 30, 2019

Microsoft and SWIFT extend partnership to make cloud native payments a reality
September 25, 2019
https://azure.microsoft.com/en-us/b...artnership-to-make-native-payments-a-reality/

Building off the relationship between Microsoft Azure, SWIFT, and the work with Microsoft treasury, the companies are entering a long-term strategic partnership to bring to market SWIFT Cloud Connect on Azure.

To demonstrate the potential of the production-ready service, Microsoft Treasury has successfully run test payment transactions through the SWIFT production network to their counterparty Bank of New York-Mellon (BNY Mellon) for payment confirmations through SWIFT on Azure.
Microsoft treasury is able to quickly leverage the power of Azure to enable a seamless transfer of payment transactions. With Azure Monitor and Log Analytics they are also able to monitor, manage, and correlate their payment transactions for full end-to-end process visibility.
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Microsoft will host SWIFT's cloud-based payment transfers on Azure in new partnership

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