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IBIS Adds RippleNet And SWIFT Onto One Platform – Level Playing Field

With SWISSRoute you don’t need to acquire or license any of the proprietary SWIFT hardware and software required to connect to their network. Instead, you can leverage our secure cloud-based services.  Our infrastructure is compliant with SWIFT’s security and business continuity standards and we manage all of the upgrades so that you can take advantage of all of the latest SWIFT capabilities.

With SWISSRoute, your bank can connect to multiple banks through a single, secure channel. Once connected, streamline and automate your business flows by communicating with your banking partners using our global standardised ISO and proprietary format (MT) messages.

SWISSRoute has been developed by IBIS Management Associates in Partnership with Finastra to provide Institutions with connectivity to the SWIFT Payment Gateway. SWISSRoute has a real-time interface with Alchemy connect, but can also be implemented as a stand-alone solution. The solutions under the SWISSRoute umbrella also include an Automated Compliance Filter,  Automated Reconciliation solution, as well as Back-up and Recovery.

Through its “pockets” on one network, IBIS announced that its customers would connect to Ripple and SWIFT. Through this way, IBIS reported that it has unlimited banking options for its customers. Customers of SWIFFRoute will accept payments using RippleNet and a banking interface “out of the box.”

All clients are provided with cross-border payments that are stable, straightforward and almost instantaneous. A unified API for all return links. Finally, a network of worldwide banks with known rules and norms.

Finastra is the key to this partnership.  All eyes should be on Finastra and who they are partnering with.

Source: IBIS Management 

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