Empowering Business: How LFB Gained Visibility and Control with Eastnets Messaging Warehouse
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- 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:
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Time-consuming manual reporting processes for management and Business teams.
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Difficulty extracting technical and business reports on demand.
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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.
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.
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Centralized database of SWIFT FIN, Interact, File Act, and events
With extended retention.
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Customizable technical and business reports
Generated both routinely and on demand.
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Advanced search capabilities
For investigating messages using simple or complex criteria.
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Traffic and trigger alerts
Enabling proactive monitoring through business and technical scenarios
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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
Mohamed Jadidi Libyan Foreign Bank
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