Logica has developed this new service in response to clients’ requirements for managed testing that will enable them to meet customers’ internal and external testing requirements, including those of Swift. By using a managed testing service, institutions can trust Logica to execute the testing process and focus on managing exceptions instead.

Roel Wolfert, group director for payments at Logica, said: The payments industry is changing rapidly due to globalization, new regulation and enhanced standards. These changes require a thorough understanding of payments and a solid approach to testing, whilst at the same time cost must be minimized. With the enhanced Payments Testing solution for Swift we can provide these benefits to corporate and financial institutions.