SWIFT > SWIFT BUREAU OFFERINGS

SWIFT Service Bureau provides solution to SWIFT user institutions looking for most convenient and cost-effective connectivity to SWIFT’s Secure IP Network (SIPN) with built-in resiliencies.

Being SWIFT’s Regional Partner and Solution Provider, Cambridge Solutions provides SWIFTNet connectivity solution to SWIFT User institutions. By sharing infrastructure and associated costs, Service Bureau can reduce significantly certain entry costs as well as ongoing costs associated with running a dedicated SWIFT connection.

Including:

• Capital costs associated with the purchase of dedicated hardware and software
• Hardware maintenance costs
• Costs of “dedicated” computer staff to manage a SWIFT network
• System integration costs
• Hidden costs such as training, skills transfer, support and downtime
• Cost of Contingency (Disaster Recovery) site SWIFTNet connectivity

More and more institutions are increasingly moving toward outsourcing their non-core activities to focus on their core business while reducing costs and improving efficiency. Banks and financial institutions already on the SWIFT Network, have the opportunity to gain from these benefits.