Clearstream Services IT eases the burden of managing connectivity to SWIFT for the financial services industry. Let’s show how it works.

There is at least one theme on which the financial sector will commonly agree: the sourcing strategies of organisations have significantly evolved in the different financial centres around the world over the last decade, driven in part by the search for efficiencies and synergies, increasing technological complexity, as well as business process objectives such as straight through processing.

Make SWIFT connectivity as efficient as possible

This is particularly the case in Luxembourg, where economic and legal initiatives lead by the government are helping to promote Luxembourg as a hub for both operational and IT excellence in the financial services industry.

One complex infrastructure for many organisations is their interface with SWIFT. Via our SWIFT Service Bureau and added value services, we offer solutions to help make SWIFT connectivity as efficient as possible.

We provide you with access to a first-class service and much more. Our SWIFT Service Bureau solution enables you to share our state-of-the-art connectivity system with an excellent service level at a low cost. Our customers receive all the benefits of a high investment infrastructure at a fraction of its cost and with none of its disadvantages.

We deliver a highly secure and redundant infrastructure, connectivity access points in major world financial centres, highly skilled and experienced IT specialists and a strong commitment to service quality.

A number of points of access

Plus, our customers gain all the advantages of our many years of expertise in operating the SWIFT infrastructure for both Clearstream and Deutsche Börse Group. Connectivity to our SWIFT Service Bureau solution is available through VPN (leased lines or over the Internet) and iRAS (IPsec Remote Access Server). Using the Internet, we are reachable from anywhere around the world. For leased lines, we can propose a number of points of access, in many locations, to our own global group network. This reduces the connectivity cost to the leased line between you and our point of access.

Our SWIFT Service Bureau solution offers seamless managed access to the SWIFT network via flexible client interfaces such as GUI, file transfer, MQSeries and remote printing. These options enable you to choose exactly the solution that suits your needs.

In addition, we also offer a number of value adding services for our SWIFT Service Bureau solution, including:

• reconciliation
• enhanced reporting and querying facilities
• long-term secured archiving
• duplicate detection
• and we also offer a SEPA payment solutions as well.

With our SWIFT Service Bureau solution, we help organisations achieve the following benefits:

• lower hardware /software maintenance costs
• lower SWIFT software maintenance and evolution costs
• lower costs of dedicated IT staff to manage a SWIFT network
• always up-to-date infrastructure
• fast activation, fast ROI
• service, competence, professionalism, flexibility
• you can concentrate on your business, while we take care of your supporting infrastructures

And of course, as Clearstream itself is one of the largest users of SWIFT in the world, we have the in-house skills and expertise to help you step-by-step to achieve your sourcing objectives by using our SWIFT Service Bureau solution, right through from the initial set-up and on-boarding, through to providing support to your day-to-day operations.

To find out more about our SWIFT Service Bureau solution and how it can help your business grow, come and meet us for lunch at the Hotel Melia in Luxembourg on 17th June 2014 (advance registration required).

In Picture : Herbert Muck, Sales Manager, Clearstream Services

[colored_box color=”blue”] Clearstream Services has the status of Professionnel du Secteur Financier (PSF) awarded by the Luxembourg Ministry of Finance which requires that our IT Services are regulated by the Luxembourg regulatory body, the Commission de Surveillance du Secteur Financier (CSSF).

In addition, the management system supporting Clearstream’s IT operations, development, project and IT security management processes is certified as meeting recognised International Standards for Quality Management and IT Service Management.

Clearstream Services IT as part of Deutsche Börse IT is certified by Det Norske Veritas (DNV), one of the world’s leading accredited certifying bodies, as meeting the requirements of ISO 9001:2008/TickIT for Quality Management and ISO/IEC 20000-1:2011 for IT Service Management.

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