Austria's Central Securities Depository (CSD), Oesterreichische Kontrollbank (OeKB), has chosen HelioGraph's Message Broker solution to migrate to the new Swift message standard.
A member of the European Central Securities Depository Association ECSDA, OeKB has been closely involved in defining best practice for the new ISO15022 messaging standard.
OeKB says the migration to the ISO standard offered an opportunity to implement a message converter and rationalise the number of vendors it uses for Swift support.
The HelioGraph solution, chosen after an extensive review of competitive vendors, comprises of the Helio Message Broker, Helio Workstation and IDE toolset. A key factor in OeKB's choice was HelioGraph's data field dictionary architecture, which has incorporated the ISO15022 message standard since the standard was introduced three years ago.
Christian Koerbler, director at OeKB, comments: "The forthcoming Unix version is important to our requirements and HelioGraph and ourselves are working toward implementing this next phase of our STP strategy."