Connected Trading Communities

SAFE & SWIFT Modules

The Slams - SAFE and SWIFT Integration Modules allows for straight through processing of settlement message information between Slams and the South African Financial Instruments Real-time Electronic Settlement (SAFIRES) system's front-end (SAFE) and the SWIFT network.

  • Elimination of time and effort required in the recapture of SLB deals within the SAFE front-end and the automation of the generation of SWIFT messages based on predefined rules.
  • Utilising the SAFE system in conjunction with Slams dramatically reduces settlement costs associated with securities lending transactions.
  • The single point of capture for instructions reduces the potential for human error and caters for the automatic update of a loan's settlement status within Slams.
 

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