Using SWIFTNet Funds and ISO20022 messaging, integrated via the Java composite application platform suite, Odin will be able to take fast and full advantage of automated STP for funds through account opening and order placement, through switches, pricing, statements and settlement.
Svein Carlsson, director of technology and business development at Odin, said: Sun’s long-standing commitment to the SWIFT community and its continued investment in SWIFT solutions helps financial services firms extend their capabilities in SWIFT communication and processing.
We have saved time and integration cost by using Sun’s SWIFT integration framework. The Java CAPS platform was easy to use and fast to deploy and offers flexibility for future enhancements.
