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EastNets Solution for SWIFT gpi Implementation.

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The Challenges

With the introduction of SWIFT’s new global payments innovation (gpi) technology, the nature of cross-border payments is quickly transforming. This new gpi system is transforming the customer experience by delivering faster cross-border payments and real-time, end-to-end payment tracking – and thus it is little surprise that gpi is quickly being adopted around the world as the gold standard for SWIFT connectivity. But although SWIFT gpi is rapidly becoming a necessity for financial institutions, it can be quite costly and time-consuming to implement, meaning that many FIs will struggle to expand their gpi functionality.

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The Solution

Offering full support of SWIFT’s new gpi initiative, EastNets solution has been carefully designed and developed in accordance with the SWIFT gpi rulebook, providing exceptionally quick implementation through standardized configuration and seamless integration with different back-office applications. EastNets solution lowers the cost of ownership and decreases the time to market for rolling out SWIFT gpi services. FIs can rollout SWIFT gpi service faster than ever. 

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KEY FEATURES

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Enriched gpi transaction information

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SWIFT gpi operational workflow and scenarios

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Streamlined, single-interface transaction tracking

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 Comprehensive, detailed transaction information

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Automatic generation and reconciliation of SWIFT gpi status updates

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User-defined message retention period

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Configurable notifications for pending gpi payments

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Access gpi information from any banking channel

Have any questions?

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