• Launched in January, Swift Securities View enables clear tracking across all steps of the settlement process
• 34 of world’s biggest institutions have signed up, representing 630 million securities transactions per year
• Global participants include HSBC, BNY Mellon, and Nomura Asset Management

Brussels, 17 May, 2023 – Swift today announced strong and growing momentum for its new Swift Securities View service, which launched in January to bring a new level of transparency to post-trade processing and reduce costly settlement fails.

Already 34 of the world’s leading financial institutions – which collectively represent more than 630 million securities transactions each year – have signed up for Swift Securities View, to quickly identify trades at risk of failing so they can take preemptive action. The service leverages an ISO-standard Unique Transaction Identifier (UTI) to link all Swift messages related to the same securities settlement flow in a transaction chain. This means that all participants – from asset managers, to brokers, to global custodians and CSDs – have access to automated tracking on both sides of a transaction.