Swift is opening an institute to help fund and publish research papers for the global transaction banking sector.
The institute, based in Swift’s headquarters in Brussels, will commission white papers, presentations and conference sessions across the payments, clearing/settlement, cash management, trade finance and securities arenas.
Swift’s first research grants will be used for reports on banking inclusion, renminbi internationalisation and financial supply chain management – all due to be published in November 2012.
According to Swift, the success of the financial sector depends on supporting robust, independent research which is relevant and accessible to members of the Swift community. These community members include representatives of financial institutions, infrastructure organisations, central banks and regulatory authorities.
“There is often a gap between research programmes underway in academia and engagement with the financial industry. The vision for the Swift Institute is to bridge that gap,” says Yawar Shah, chairman of the Swift board and managing director at Citi.
Last Updated April 25, 2012
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