Dutch bank KAS has streamlined its Swift payments connectivity and increased STP with Microsoft technology.
The bank has implemented BizTalk Server 2006 and BizTalk Accelerator for Swift.
more than 95% of the bank's transaction messaging occurs over the Swift network. The Microsoft solution will allow it to provide faster payments processing at reduced cost.
The implementation of BizTalk Server and BizTalk Accelerator for Swift comes as KAS Bank migrates its entire operations platform off the mainframe and onto the Microsoft Windows platform, eliminating the need for multiple connectivity applications.
This move, says the bank, has allowed it to reduce operational costs and increase service and straight-through processing (STP) levels for its customers, a key organisational goal.
"Swift connectivity forms such a large part of our own and our customers' business processes that it was vital for KAS Bank to have technology that could facilitate the scalability and flexibility required to rapidly respond to client demands in this area," said Pim van der Horst, chief information officer at KAS Bank.