Intel has been involved with SWIFT for many years to manage large receivables on which we needed detailed remittance information. We have also been active in promoting and formulating new messaging standards through RosettaNet, with the ultimate outcome of ISO 20022 financial messaging.
With this heritage and industry insight, we wanted to leverage some of the opportunities that were available for more efficient payments, securities management and reporting. We therefore decided to implement SWIFTNet for high value payments and securities in the treasury investments area.
Don DavisTreasury Project Manager