Data Junction Corporation announces extended support for SWIFT financial transactions. Reducing the overall cost of SWIFT-powered automation, Data Junction's solutions help small and medium financial institutions collaborate with one another quickly and affordably. New features added to Data Junction's product line include the Document Schema Designer for SWIFT, more than 205 SWIFT schemas, a SWIFT message adaptor and SWIFT message validation.
SWIFT is a set of standard messages for payments, statements and other transactions related to international finance between banks, broker dealers and fund managers. Virtually every bank conducting business internationally uses SWIFT to deliver transactions across national boundaries for its customers. Data Junction's SWIFT technology integrates distributed applications over popular message-oriented middleware, IP and value-added networks.
Data Junction's data and application adaptors provide non-invasive access to data in applications and legacy systems, eliminating the replacement or upgrade of those systems needed to trade using SWIFT. Development and implementation time for SWIFT message integration is minimized within a fully graphical and efficient design environment.
The zero-latency demands of the financial industry require integration of an increasing number of systems and integrity control of their associated reference data. Helping the financial industry achieve straight-through processing, Data Junction provides message-based integration and management of data flows among many disparate systems using XML and interchange messages. The Integration Engine provides real-time 24x7 processing and scales for high message volume.
Data Junction provides the meta data for each SWIFT message type as an XML- based schema allowing validation and bidirectional data mapping from any application or database native to the SWIFT message format. SWIFT message schemas are easily edited and modified for particular trading partner requirements with Data Junction's Document Schema Designer.
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