webMethods SWIFT STP Module Version 6.0.1

webMethods SWIFT FIN Module Version 6.0.1, Release Notes

July 17, 2003

Introduction

webMethods is pleased to introduce a major release of the webMethods SWIFT FIN Module, Version 6.0.1. The webMethods SWIFT STP Solution is SWIFTReady Gold certified by SWIFT and thus provides the assurance of interoperability and speed of implementation for SWIFT-related business processes. Built on top of the webMethods Integration Platform Version 6.0.1, the webMethods SWIFT FIN Module enables financial institutions to exchange messages securely through the SWIFT network and leverage SWIFTNet solutions. By enabling SWIFT implementations to easily make use of the robust and comprehensive feature sets of the webMethods Integration Platform, including business process modeling, human workflow elements, and monitoring, the webMethods SWIFT FIN Module is the single integration platform for financial institutions looking to achieve true end-to-end STP and seamless integration with various SWIFT services.

Product Overview and Key Features

The webMethods SWIFT FIN Module 6.0.1 provides:

Easy access to SWIFTNet FIN services through the SWIFTAlliance Access (SAA) interface together with SWIFTAlliance Gateway (SAG) and/or SWIFTNet Link.

Out-of-the-box support for all SWIFT Message Types (MTs). The webMethods SWIFT FIN Module provides structural and semantic validation of all SWIFT messages, including the latest November 2002 message types. Also included are network validation rules for many commonly used SWIFT messages.

Support for all the various modes of connectivity to SWIFTAlliance Access, including MQSA, CASmf, and Automated File Transfer (AFT).

Support for Market Practices and fully customizable messages. The webMethods SWIFT FIN Module enables you to maintain multiple message types using trading partner agreements (TPAs) that you define in webMethods Trading Networks.

A DFD-based infrastructure that maintains a logical link between similar business information in different messages.

Integrated BIC and BIC+ directories, which enable BIC message validation and advanced directory search capabilities.

Advanced message transformation capabilities with the ability to display logical field names instead of, or in addition to, message tags.

Easy-to-use message repair and resubmit capabilities with advanced workflow features.

The ability to easily archive messages and process history for tracking, audit trail, and other purposes.

Software and Platform Support

For details about the software and hardware required to run the webMethods SWIFT FIN Module Version 6.0.1, see the webMethods SWIFT FIN Module Installation and User’s Guide.

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