Sun Microsystems and Unisys Partner with S.W.I.F.T. to Migrate Banks and Financial Institutions to Network Computing Model

A partnership between Sun Microsystems Computer Company, Unisys, and S.W.I.F.T. aims to ease the migration path for SWIFTAlliance users, leveraging Unisys installation and integration expertise and Sun's network computing architecture. The alliance will allow S.W.I.F.T. members to take advantage of Sun's scalable and high-availability platform to support growing demands for resources and technology. This collaboration demonstrates the increasing adoption of network computing in the financial sector.

Key Takeaways:

• Sun Microsystems and Unisys have partnered with S.W.I.F.T. to migrate banks and financial institutions to a network computing model based on Sun's SPARC Solaris architecture.
• The alliance will leverage Unisys' installation, configuration, and systems integration expertise and Sun's proven network computing architecture and hardware.
• Approximately 6,000 Unisys machines are currently installed with S.W.I.F.T. interface software in over 2,300 banks worldwide.
• Sun and Unisys will resell Sun workstations and servers for the SWIFTAlliance solution and provide integration services and support for moving the current installed base to the Sun platform.
• Sun's network-centric approach to computing, scalability, and high availability will allow S.W.I.F.T. members to cost-effectively meet incremental demands for resources and technology.
• Unisys has experience in managing complex bank integration projects and will continue to support S.W.I.F.T. and its members through this agreement.
• Through S.W.I.F.T., over 5,000 financial institutions worldwide communicate securely and cost-effectively 24/7, processing over 500 million messages annually.

Statistics:

• 6,000 Unisys machines have S.W.I.F.T. interface software installed, serving over 2,300 banks internationally.
• 5,000 financial institutions worldwide rely on S.W.I.F.T. for secure and cost-effective communication.
• S.W.I.F.T. processes over 500 million messages annually, or approximately 2.5 million messages daily.

Sources:

• BUSINESS WIRE, October 25, 1995
• Sun Microsystems Computer Company and Unisys Press Release
• S.W.I.F.T. website and contact information
• Unisys website and contact information
• Sun Microsystems' SIBOS Stand 94 and 9, and Unisys' SIBOS Stand 102 contact information
• X/Open Company, Ltd. and S.P.A.R.C. International, Inc. (trade names only)