Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

FY360° | SWIFT Aims to Transform the Business of Corporate Banking

SWIFT has a bold ambition. As part of the SWIFT2020 strategy, it is aiming to become the preferred secure network for multi-banked corporates globally.

Since 2008, the number of corporate groups using SWIFT has more than tripled to over 1,400. The cooperative organisation now has a market share of around 45% of the Fortune Global 500.

"Typically, we are seen as a solution for large corporates only, which is a misconception," says Alain Raes, Chief Executive, EMEA and Asia Pacific, SWIFT. "We also offer small and medium enterprises tailor-made solutions and products. Around half of the corporates who have joined us since 2014 have a turnover of less than US$1 billion, and 37% have a turnover of less than $0.5 billion."


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Les médias du groupe Finyear

Vendredi 18 Septembre 2015

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