The following message is a courtesy copy of an article that has been posted to bit.listserv.ibm-main as well.
[EMAIL PROTECTED] (Gary Green) writes: > I lost track of who posted the original inquiry, so take this for what it's > worth. > > If the requirement is in the financial industry, could the communications > between the two/various systems use S.W.I.F.T. (Society for Worldwide > Interbank Financial Telecommunications)? It's been some time since I wrote > anything for SWIFT, but it was extremely secure and most financial > institutions should be linked in. > > When I did some work, it was used in the securities market, primarily for > payments, foreign exchange, securities, etc... However, there were > rumblings that the SWIFT organization was thinking about opening up the > network for other financial "transactions"; which I took to mean data > exchange... home page http://www.swift.com/ "swift-2" providing internet capability and opening up for b-to-b; we had been brought in to consult with small client/server startup that wanted to do payment transactions on their server; they also had this technology they called SSL they wanted to use ... and result is sometimes now called e-commerce. part of the effort was something called payment gateway (transition between internet and acquiring networks) http://www.garlic.com/~lynn/subnetwork.html#gateway we then were involved in x9a10 financial standard working group (in the mid-90s had been given the requirement to preserve the integrity of the financial infrastructure for all retail payments) that resulted in the x9.59 financial standard http://www.garlic.com/~lynn/x959.html#x959 some years ago we were also asked to provide some input to the swift-2 (what it was called at the time) specification. Connecting to the secure IP network (SIPN) http://www.swift.com/index.cfm?item_id=2304 from above: SWIFTNet messaging services are provided via SWIFT's secure IP network (SIPN), a highly secure and reliable network. Full redundancy, advanced recovery mechanisms and first class operations and customer support services ensure continuous network availability for SWIFTNet services. ... snip .. SWIFTNet Interfaces Qualification http://www.swift.com/index.cfm?item_id=2451 other refs: Securities Markets Infrastructures http://www.swift.com/index.cfm?item_id=2437 Banking Markets infrastructures http://www.swift.com/index.cfm?item_id=57981 from above: Additionally, SWIFT is now complementing its position in the wholesale, high value clearing market by extending its portfolio of SWIFTNet messaging solutions to the low-value payments and ACH market. ... snip ... ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
