The product includes the company’s financial services offerings including the Sun Java Composite Application Platform Suite, hardware, operating systems, clustering options, and a partner network for deployment.

Ambreesh Khanna, global head of financial services at Sun, said: As a market leader in payments, Sun is once again ahead of competition in launching one of the industry’s first complete and open SWIFTNet-integration solution. Given the current dynamics of the financial industry, we need to provide innovative technology solutions that are cost-effective, risk-free, and easy to deploy.

Over 8,000 banking organizations, securities institutions, and corporate customers in 208 countries use SWIFT-standardized financial messages.