THE WHATIS.COM WORD-OF-THE-DAY   
December 20, 2001

SWIFT
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TODAY'S WORD: SWIFT

See our definition with hyperlinks at
http://searchebusiness.techtarget.com/sDefinition/0,,sid19_gci786981,00.html

Founded in Brussels in 1973, the Society for the Worldwide Interbank
Financial Telecommunication (SWIFT) is a co-operative organization
dedicated to the promotion and development of standardized global
interactivity for financial transactions. SWIFT's original mandate
was to establish a global communications link for data processing and
a common language for international financial transactions. 

The Society operates a messaging service for financial messages, such
as letters of credit, payments, and securities transactions, between
member banks worldwide. SWIFT's essential function is to deliver
these messages quickly and securely -- both of which are prime
considerations for financial matters. Member organizations create
formatted messages that are then forwarded to SWIFT for delivery to
the recipient member organization. SWIFT operates out of its Brussels
headquarters and processes data at centers in Belgium and the United
States. 

SWIFT currently provides messaging and transaction processing
services for over 7,000 financial organizations located in 194
countries worldwide. 

RELATED TERMS:

messaging 
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SELECTED LINKS

The SWIFT Web site provides more information. 
http://www.swift.com/

CIO Magazine offers perspective in its article, "Great Expectations."
http://www.cio.com/archive/011596/swif.html

eBiz's MiddlewareSpectra describes SWIFT technology. 
http://www.messageq.com/communications_middleware/spectra_bright_1.html

SearchEBusiness provides links to more information about
"E-banking/Financial Services." 
http://searchebusiness.techtarget.com/bestWebLinks/0,289521,sid19_tax283048,00.html
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KNOW IT ALL QUESTION | #85

This locates a specific page on the World Wide Web. 
a. domain name 
b. URL 
c. path 
d. IP address 

>>See correct answer:

http://searchwindowsmanageability.techtarget.com/originalContent/0,289142,sid33_gci787382,00.html

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RECENT ADDITIONS AND UPDATES 

[1] chaffing and winnowing 
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[2] operational data store 
http://searchdatabase.techtarget.com/sDefinition/0,,sid13_gci786730,00.html

[3] automated speech recognition 
http://searchnetworking.techtarget.com/sDefinition/0,,sid7_gci786138,00.html

[4] Enhanced Messaging Service 
http://searchnetworking.techtarget.com/sDefinition/0,,sid7_gci785459,00.html

[5] HiperLAN
http://searchnetworking.techtarget.com/sDefinition/0,,sid7_gci341473,00.html

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