Deustsche Bank developed the GMA program to stabilize the fragmented financial messaging infrastructure. The bank was running multiple gateways to Swift and the decentralized nature of its IT operations led to highly complex and costly infrastructures, supported by individual local teams across the globe. Swift’s move from X.25 to SwiftNet sparked the GMA project to ensure SwiftNet compliance without the need to invest further in legacy applications, says SunGard.
Step Mint technology activates a consolidated operations approach, providing a flexible infrastructure for message routing and delivery. It acts as a hub that handles all communications across applications, networks, and branches, offering external interfaces to Swift, Crest, and other utilities.
SunGard claims the technology has helped Deutsche Bank recognize the benefits of consolidation by reducing its Swift connection points from 42 to 2, with global gateways in Frankfurt and London. Deutsche Bank is also using Step MintNet routing to deliver messages internally across branches and lines of business.
