SWIFT expands FX Performance Insights offering

SWIFT has now extended their Business Intelligence FX Performance Insights offering beyond G16 broker-dealers to provide this service to the wider financial community. Market data within FX Performance Insights reports is derived from SWIFT messaging that supports the legal confirmation process for global FX markets.

First Published by e-Forex News: June, 2017

Example extract of a Monthly Benchmark Report
Example extract of a Monthly Benchmark Report

SWIFT has now extended their Business Intelligence FX Performance Insights offering beyond G16 broker-dealers to provide this service to the wider financial community. Market data within FX Performance Insights reports is derived from SWIFT messaging that supports the legal confirmation process for global FX markets. “The golden copy of FX global market data is very difficult to acquire,” says Fabian Vandenreydt, Global Head of Securities Markets, Innotribe & The SWIFT Institute at SWIFT. “Most information is based on surveys and local data from an institution’s proprietary trading sources. SWIFT has access to a unique set of FX data points based on message traffic flows. When this raw data is aggregated and packaged together with our analysis and insights, it becomes an invaluable tool for FX players, globally.”