Swift has opened a new Latin American regional headquarters office in Miami, Florida.

“Swift is strengthening its presence in Latin America in response to the sustained growth and development of the region’s economy and to help the industry respond to developments related to financial reform, such as regulatory compliance. The use of Swift in Latin America is growing notably, with financial messaging increasing by 11% in 2014, and similar growth expected for 2015,” the company says in a statement.

Jairo Namur, regional manager, Latin America at Swift, will head the Miami office. Namur joined Swift in 2009 and since then has been responsible for devising and executing the company’s strategy in the region, including the operations in Brazil, Mexico and Colombia.

Swift has supported global and regional financial institutions and corporations in Latin America for more than 10 years.