02:40 PM
Operations Newsflashes
Credit Suisse Picks Software To Migrate to Swift IP Network
Credit Suisse is deploying SunGard Business Integration's Mint software to consolidate its domestic and international financial- messaging operations and manage its move to the SWIFT IP (Internet Protocol) network, SunGard says. The bank will use the Mint system to handle its migration to the IP-based protocol Financial Network. The Mint middleware platform will also be used to streamline multiple financial gateways, including SwiftNet, Swiss clearing systems SIC, euroSIC, SECOM, FIX, Crest and CLS, said Rolf Machler, director IT securities systems, Credit Suisse in a statement.