Universal Confirmation Tool

Universal Confirmation Tool

Implementation and Annual Maintenance for Swift's Universal Confirmation mandate

Solution Overview

FiniQe's Universal Confirmation Tool enables seamless compliance with Swift's mandate for universal confirmation of financial transactions. Our solution deploys within your network, processing files with minimal required information and creating MT199 messages through Alliance Access.

Running successfully for 4+ years across multiple banks in India and the Subcontinent, our approach eliminates additional CBS/back-office development, saving both effort and costs.

Key Features

  • Automated payment status confirmations
  • Real-time tracking and monitoring
  • Seamless integration with existing systems
  • Comprehensive reporting dashboard

Benefits

  • No additional back-office development required
  • Reduced manual intervention
  • Enhanced operational efficiency
  • Immediate Swift mandate compliance

Implementation Process

Assessment

Review of current Swift setup and workflow analysis

Deployment

Tool installation and integration with existing systems

Support

Ongoing maintenance and technical assistance

Annual Maintenance Services

Regular system updates aligned with Swift standards
Proactive monitoring and performance optimization
24/7 technical support
Regular performance reviews and reporting