Empowering Business: How LFB Gained Visibility and Control with Eastnets Messaging Warehouse

Situation

Transparency, efficiency, and real-time insights

Libyan Foreign Bank (LFBLFB), a leading Libyan financial institution, has been expanding its role in supporting businesses and individuals across the country. With increasing transaction volumes and regulatory expectations, the bank needed stronger tools to monitor, analyze, and report on its SWIFT traffic.

To achieve this, LFBLFB partnered with Eastnets to implement Eastnets Messaging Warehouse (EMW), a solution designed to centralize, monitor, and analyze financial messaging data with advanced reporting and real-time insights.

 

Task

Improving oversight 

As payment transactions grew in both volume and complexity, LFB’s Business and operations teams faced key challenges:

  • Time-consuming manual reporting processes for management and Business teams.

  • Difficulty extracting technical and business reports on demand.

  • A growing need for real-time alerts and monitoring across the bank’s operations.


The goal: The bank needed a centralized platform to provide clear visibility, reduce manual effort, and give management reliable, timely insights into transactional activities.

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Action

Centralized SWIFT traffic monitoring with EMW

Eastnets implemented Eastnets Messaging Warehouse (EMW), enabling LFB Bank to consolidate and analyse SWIFT traffic data in real time. 

With EMW and the Watchdog feature, LFB’s teams gained the ability to monitor, investigate, and respond to SWIFT traffic with greater accuracy, efficiency, and proactivity.

  • Centralized database of SWIFT FIN, Interact, File Act, and events

    With extended retention.

  • Customizable technical and business reports

    Generated both routinely and on demand.

  • Advanced search capabilities

    For investigating messages using simple or complex criteria.

  • Traffic and trigger alerts

    Enabling proactive monitoring through business and technical scenarios

  • LFB implemented the Watchdog feature

    real-time notifications based on pre-defined criteria, which significantly enhanced monitoring capabilities by enabling continuous, service-based monitoring for real-time detection of critical events and improving responsiveness to events requiring attention within Alliance Access.

Results

30% reduction in time

Spent producing technical and business reports, freeing up teams for analysis rather than manual data compilation, along with enhanced incident detection and response through automated Watchdog notifications.

60% visibility

into SWIFT traffic, improving oversight and operational control.

30% increase in actionable insight

allowing Business and operations teams to respond proactively rather than reactively.

Products used

Eastnets Messaging Warehouse

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Mohamed Jadidi Libyan Foreign Bank

Eastnets Messaging Warehouse has become an important tool for LFB. It allows us to extract and visualize reports easily, the ability to monitor and analyse SWIFT traffic in real time has improved our oversight and given us greater control across the bank.

The next products in your Anti Money Laundering journey

Eastnets products are toolsets designed to work together for maximum protection and security. Stacking our products into a modular solution that fits your exact needs is highly recomended to reduce financial crime, fraud and other nefarious acts that could compromise your network.

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