SWIFT Service Bureau

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SWIFT Service Bureau from EastNets
EastNets SWIFT Service Bureau offers Financial Institutions and Corporates, on SWIFT or considering joining SWIFT, the ability to focus on their core business competencies, while outsourcing their SWIFT connectivity and infrastructure. With the en.Service Bureau, organizations can free up their internal resources, cut down costs and offload the risks and liabilities of maintaining and managing their own SWIFT infrastructure to EastNets’ SWIFT Certified Service Bureau.

Global Market Leadership and Coverage

Today, en.Service Bureau hosts the SWIFT infrastructure and connectivity of more than 260 institutions worldwide and has over four geographically distributed Service Bureau locations. en.Service Bureau is SAS 70 Certified and is audited by SWIFT on a regular basis to ensure that its network and physical environment adheres to SWIFT guidelines and policies. Designed to maintain a high level of security and resiliency, en.Service Bureau maintains a Live Disaster Recovery site for each of its prime site locations, ensuring that all services remain available and uninterrupted, at all times.

Value-Added en.Service Bureau Offerings

Catering to the needs of small to large institutions, en.Service Bureau offers a broad range of solutions and services that integrate seamlessly with SWIFT such as hosted AML services, integration services and reconciliation. These include:

• SAAS (SWIFT Alliance Application Service)
• FMHS (Fully Managed Hosting Solution)
• GWCP (Gateway Connectivity Pack)
• DRCP (Disaster Recovery Connectivity Pack)
• Integration Services
• AML (Anti Money Laundering/Watchlist Filtering)
• Reconciliation
• SWIFT Reporting
• Duplicate Detection Management
• Hosted Banking and Trade Services

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Key Benefits

en.Service Bureau Provides Cost-Effective Connectivity to Help You:
• Minimize Investments to Preserve Your Bottom Line
• Gain Access to SWIFT Experts
• Manage and Control Risk
• Stay Focused on Your Core Business Operations

SAAS (SWIFT Alliance Application Service)
Institutions can outsource their SWIFT connectivity and share access to EastNets’ Messaging Interface Server application, SWIFT Alliance Access (SAA). SAAS customers will only need to install SAA workstation or SWIFT Alliance messenger at their premises for message view and creation.

FMHS (Fully Managed Hosting Solution)
Institutions can outsource their SWIFT connectivity and host their SWIFT messaging interface servers (SAA/SAE) on the en.Service Bureau. en.Service Bureau will be responsible for maintaining and managing the hosted Messaging Interface Servers, while performing system health checks and upgrades.

GWCP (Gateway Connectivity Pack)
Institutions can outsource their SWIFT connectivity to en.Service Bureau, minimizing the investment required for purchasing and maintaining the mandatory SWIFT connectivity components that are essential for establishing a prime connection to SWIFT. GWCP customers will retain their messaging interface servers (SAA/SAE) at their premises.

DRCP (Disaster Recovery Connectivity Pack)
The DRCP offering is tailored for customers that have a direct connection to SWIFT but are seeking a disaster recovery solution for better resiliency.

Integration Services
With this service, EastNets offers a cost effective way for automating your business transactions in an outsourced environment, supporting MT FIN messages, FileAct, and new ISO 20022 messaging (XML based). Customers can now model, manage and integrate their payments, trade finance and securities business process flows with SWIFTNet Standards on middleware technologies.

AML (Anti Money Laundering)
Recognizing the importance of meeting regulatory requirements and fighting money laundering activities, the AML module allows en.Service Bureau customers to stop suspicious transactions from taking place in real time. en.Service Bureau AML utilizes en.SafeWatch Filtering, a SWIFT certified product, that has been installed in over 350 banks worldwide and has been granted the "SWIFTAlliance Plug-in" label for its seamless integration with the SWIFT environment.

Reconciliation

With partner SmartStream, en.Service Bureau users have the option to benefit from Corona, a fully-managed online service designed to provide small to medium-sized firms with affordable and rapid access to its market-leading reconciliation solution.

Hosted Banking and Trade Services
Pinnacle’s web-based suite of integrated banking applications are now available, powered by EastNets SWIFT Service Bureau, as an outsourced SaaS alternative, providing customers with a more cost-effective, hassle-free and flexible solution. Synergy, powered by EastNets, offers businesses the following key capabilities:

• Full back-office and customer front-end support for Letters of Credit processing;
• Complete back-office handling of loans and deposits;
• Inbound and outbound SWIFT payments and messages; and
• DDA/Nostro accounts processing.

For more information on Synergy powered by EastNets visit www.psi-nj.com

What our customers are saying

"Signature Bank, SIGNUS33, has been a client of EastNets for over 5 years. We moved to their outsourced data center product in 2009 to support our Alliance connectivity. EastNets is a very good service provider. System availability is always good and their customer service/on site support excellent. We are pleased that we engaged EastNets to provide our SWIFT platform Support."  

George Hoffman
Funds Transfer Manager
Signature Bank