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Article: SWIFT Members Gain Access to Evare Services to Fill Gaps in STP.
- Article from:
- PR Newswire
- Article date:
- January 30, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Evare/Loeb Partners becomes SWIFT member/concentrator
BURLINGTON, Mass., Jan. 30 /PRNewswire/ -- Evare LLC, specialist in acquiring, aggregating, rationalizing, transforming and delivering account and transaction data for financial institutions, announces the new status of its majority stake-holder Loeb Partners as member/concentrator in SWIFT, the financial-industry-owned co-operative for standardized messaging services. Evare offers a managed service that lets its clients exchange financial data with their counterparties and customers in each recipient's preferred data format, ensuring complete, post-trade straight-through-processing (STP). The ...