Facebook Twitter Linkedin
 

Blog

Archive for tag: SWIFT upgrade

Kind Reminder: SWIFT 7.2 Mandatory Update

 

 

To ensure the continuity of your SWIFT services,

you have to upgrade by end November this year.

 

This applies to Alliance Access, Alliance Entry, Alliance Gateway, Alliance Web Platform Server-Embedded, SWIFTNet Link and SWIFT Web Access and the aim of the 7.2 release is to keep providing a highly secure SWIFT service to all customers, with equally important pluses as far as efficiency is concerned.

 

 

What Is New in the 7.2 Release

 

In brief, new features can be summarized as follows:

 

  • 64-bit architecture
  • Refreshed underlying technology
  • FileAct Enhancements
  • Strengthened password policies
  • Named Security Officers (for Access/Entry)

 

SWIFT 7.2 is a most welcome refresh in terms of technology and security, introducing a new operating system baseline to run this application suite on, combined with upgrades to the third-party software embedded in SWIFT products.

 

The new release introduces the 64-bit architecture in order to enhance performance and capacity and it can also be seen as a means of support for the security measures imposed by the Customer Security Programme.

 

 

What You Should Do About It

 

  • Upgrade SWIFT software components
  • Upgrade OS baseline and move to 64-bit
  • Evaluate and maybe even upgrade existing hardware

 

Hint: You might reuse your hardware if it is less than 2 years old and it is explicitly supported by new OS levels, but you should definitely consider replacing it if it has not been refreshed since the 7.0 Release.

 

Remember: You will lose the ability to transact over SWIFT if migration is not completed by end November.

 

 

*Allevo is SWIFT Business Partner and Registered Vendor. As part of this partnership Allevo promotes SWIFT product and service portfolio in Romania.

**The content of this blog post belongs to its author and does not reflect the official position of SWIFT.

***Should you wish to contact us, you may do so via e-mail / website form.

 

 

SWIFT upgrades and our traditional wisdom

Out of people's wisdom:

'The way you prepare it, you get to use it'
SWIFT announcements abstract:
In 2011, SWIFT users will have to pass 2 upgrades
After a several years experience, all SWIFT users have the same opinion: no matter the geo-political conditions, stock fluctuations or times authorities, no matter if we come out of the crisis or not, the moment SWIFT announces upgrades and deadlines for accomplishing these, each SWIFT user is bound to act accordingly.
What's this all about this time? It's about the two upgrades SWIFT announced for 2011:
SWIFT connectivity upgrade:
from Dial-up, Dual-I/Single-I/Single-P, Dual-P
to Alliance Connect Bronze, Silver or Gold
deadline: 31.12.2011;

SWIFTNet interfaces upgrade:
from SNL, SAG/SAS, SAB, SAA/SAE, SAW rel. 6.x
to rel. 7.0, optional installing Alliance Web Platform 7.0
deadline: 31.03.2012.

Why should we think about these unpleasant things, now, when summer of 2010 is just beginning and December 2011/March 2012 seem so far away?

Because we can't even think of leaving SWIFTNet interfaces upgrade to be done in the last 3 months of the migration window (you never know the barriers that may occur and to what extent could they obstruct ongoing activities within the SWIFT's deadline) and we'll do our best to go through it within 2011.

Even so, why should we talk about these things now?
Because it might be too late at the beginning of 2011.

Because each of the two announced upgrades involves additional costs (a bigger or smaller amount) and, at the beginning of 2011, it will be too late to add these in the budget.

Wise people prepare themselves since summer for the coming winter (a Romanian saying).






Intertek ISO 9001:2008CMMI Level 2ISO  9001/2008 Dun & Bradstreet