SunGard has unveiled an enhanced interface to the interbank Swift network which enables institutions to consolidate their multi-branch message processing activities through a global hub.
The Mint Global Swift Interface (Mint GSI) solution has been developed by SunGard Business Integration and is designed for large financial institutions with global Swift operations to replace their end-of-life products with a consolidated multi-hub infrastructure.
The solution enables straight-through processing of transactions with a single window into current Swift FIN services and future SwiftNet compatibility, says the vendor.
Urs Rutschmann, chief operating officer for SunGard Business Integration comments: "The Mint GSI platform delivers complex routing facilities, inter-branch Swift traffic management and control and enables local branches to leverage a common hub through the Mint Multi-Branch functionality."
The system includes transformation capabilities, exception handling and intelligent business rules, modeled with user-friendly GUI tools, he adds.