Finastra: Secures SWIFT Compatible Application label for Trade Finance
- Finastra is building an open platform that accelerates collaboration and innovation in financial services
- Announced that it is the first technology provider to secure the SWIFT Compatible Application label 2021 for Trade Finance
- The achievement proves that Fusion Trade Innovation and supply chain booking engine meets rigorous SWIFT industry standards
- The solution is ready to support customers ahead of the SWIFT SR2021 go-live in November this year
- The new fields and message types, introduced as part of these upcoming changes, require banks and financial institutions
- Fusion Trade Innovation supported customers through the first wave of SWIFT changes in 2018
