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Hunting PLC signs up to connect to SWIFT using SMA Financial's Bureau Service with Barclays Commercial as their lead Bank; SWIFT access will enable corporate user to gain increased visibility and control over cash management.

Publication: M2 Presswire
Publication Date: 14-SEP-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-14 September 2009-SMA Financial: Hunting PLC signs up to connect to SWIFT using SMA Financial's Bureau Service with Barclays Commercial as their lead Bank; SWIFT access will enable corporate user to gain increased visibility and control over cash management(C)1994-2009 M2 COMMUNICATIONS

RDATE:14092009

LONDON, -- SMA Financial, SWIFT Regional partner for UK, Eire, Channel Islands and the Nordics today announcedthatHunting PLC, the international energy services provider, is implementing the SMASWIFT Service Bureau foroutsourced SWIFT connectivity. The project involved close co-operation between SMA Financial,Barclays Commercial Bank andIT2 Treasury Solutions and will deliver greater automation and straight through processing (STP) enabling Hunting to gain increased visibility and control over its global cash management.

Hunting was aware ofSWIFT but had concerns about the complexity of any implementation. However, SMA's Service Bureau removes much of the technical overhead associated with connecting to SWIFT and offers...

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