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RSS FeedsSWIFT enhances connectivity to VPS, the Norwegian Central Securities Depository
(WorldNews Belgium)

 
 

19 october 2017 19:52:37

 
SWIFT enhances connectivity to VPS, the Norwegian Central Securities Depository
(WorldNews Belgium)
 


Toronto, 19 October 2017 - SWIFT will reinforce its connectivity to Verdipapirsentralen ASA (VPS), Norway`s central securities depository (CSD), which could make a shift in transaction volume to SwiftNet from other networks. Banks connected to VPS currently use different networks to connect to VPS, SwiftNet being one of them. The banks have the freedom to choose among the network connectivity offered by VPS. By signing the Swift CSD Community Agreement, VPS`s members benefit from SWIFT`s CSD Community Offering, which significantly reduces current level of SwiftNet costs for connectivity to VPS. Nadine Limbourg, Senior Market Manager at SWIFT, comments: `Approximately two-thirds of...


 
2 viewsCategory: General > Europe > Belgium
 
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