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Unformatted text preview: Vladimir Milosavljevic CIS 1200N Article #6 Bills, Steve (2008, November, 12). JPM Pleased with SwiftNet Tool Test. American Banker , 173 , Retrieved March 21, 2009, from http://0-proquest.umi.com.library.dowling.edu/pqdweb? did=1597236601&sid=12&Fmt=3&clientId=4341&RQT=309&VName=PQD JP Morgan Chase announced that results of the testing of the new method for accessing the SwiftNet transactions are considered as very good. System has shown as inexpensive, reliable, and above all very “user-friendly”. The name of the system is Alliance Lite, and it has been developed by Society for Worldwide Interbank Financial Telecommunications for the small institutions or corporate clients who cannot afford to invest in a sophisticated connection with SwiftNet. Instead investing in complicated and expensive system, small financial institutions by using Alliance Lite are going to be able to send encrypted messages over the public Internet using credentials supplied by SWIFT and stored on secure token and later...
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This note was uploaded on 12/08/2010 for the course CIS 1200N taught by Professor Kasten during the Spring '09 term at Dowling.
- Spring '09