SWIFT, the provider of global financial messaging services, announced today that it is reducing the price of messages on its core FIN service by an average of 20 percent. This will represent an estimated saving of EUR 70 million for SWIFT customers in 2011. The new pricing plan takes effect on 1 January 2011.
Software AG today announced that it has been awarded SWIFTReady Financial EAI label for 2010 from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), SWIFT's highest level of certification for interoperability. This is the eighth year in a row that Software AG has received this certification.