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Swift Outsources SwiftNet FIX Service to Ullink, Migration of Clients to Be Complete by Q3

At 01 Feb 2007 12:16:32 in ET-Transaction Messaging, Electronic Trading    Print Article  Email Article   Full content requires subscription 

Bank-owned messaging co-operative Swift has outsourced the management of its SwiftNet FIX service to Paris-based provider of FIX connectivity and trading services Ullink. Going forward, Ullink will be responsible for onboarding FIX clients on to Swift, and for managing FIX message flows over the Swift network. According to Ullink CEO Laurent Useldinger, “this will all be done under the Ullink name, but within the Swift framework”: the firms will become clients of Ullink, and sign commercial agreements with Ullink, while continuing to send their FIX messages over the Swift network.



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