(9 June 2015 – Hong Kong) SWIFT has announced that 26 new corporates throughout the Asia Pacific have joined the co-operative between October 2014 and April 2015.
Stella Lim, head of Corporate Sales, Asia Pacific, at SWIFT, said: “It is impressive to witness the growing number of corporates joining SWIFT hoping to achieve a single, secure communication channel.
“As corporates expand their business and global footprint, they are increasingly searching for a scalable solution which SWIFT is able to provide.
“I do look forward to welcoming more corporates into the SWIFT community in the near future.”
In Asia Pacific, a growing number of corporates have chosen SWIFT to exchange financial information with their banking partners through one highly secure, standardised communication platform, as opposed to multiple connections.
SWIFT has been operating in Asia Pacific for over 30 years and currently has nine offices across the region, including, Hong Kong, Singapore, Kuala Lumpur, Seoul, Tokyo, Sydney, Beijing, Shanghai, and Mumbai.
According to the company there are currently over 1450 corporate groups globally, representing 28,000 underlying legal entities are using SWIFT to manage multiple banking relationships.