Search
 

Tips on Joining SWIFT

Start with a cost/benefit analysis.

By Richard Gamble | Updated on October 12, 2010

The process of joining SWIFT should start with an internal cost/benefit analysis, says Bryan Kirkpatrick, vice president, senior product manager for treasury services and SWIFT expert at Bank of New York Mellon. What do you want to use SWIFT for? How much would it cost to do that? How much would you save? Some of those answers will come from talking with SWIFT sales or consulting people. Some may come from treasury peers. Together, you should be able to figure out if the business case is there.

Don’t expect those triple-digit ROIs you may have heard about. Some of the earliest case studies claimed ROIs of several hundred percent, but those were special cases. Routine ROIs have now flattened out but are still attractive in many cases, says Brian Wedge, executive director and global product manager for SWIFT at J.P. Morgan Treasury Services.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.