Introduction To Swift Network And Financial Messaging

Master the basics of Swift Network, Swift Products and Swift Messaging (MT and MX (ISO 20022))

What you'll learn

Gain the understanding of Swift and ditinguish between the SWIFT services

Learn the Swift message types and differentiate between MT and MX (ISO 20022) messages

Gain knowledge of typical payment flow with Swift and identify the associated messages

Learn the overview of Swift Network and gain knowledge of its operation in the financial industry

Requirements

No experience needed. You will learn everything you need to know.

Description

The Introduction to Swift Network and Swift Messaging course is essential to learn about Swift and its role in the financial industry. This is essential for you if you are interested in working in payments or are new to the industry, especially as Swift connects financial institutions to securely transfer payments, with its solid infrastructure that is embedded in banking systems and market infrastructures around the world that makes this possible. This training shares an insight of how banking systems are highly reliant on Swift and how they use Swift to establish and maintain relationships with their counterparties. Swift is a key player in the financial industry as its systems ensure the smooth transition and flow of messages. The course equips you with the knowledge of the background of Swift and some of their flagship products, differentiating between the Swift services like FIN, FileAct and InterAct, and Swift messaging, and the structure of the Swift MT ISO 15022 messages and MX ISO 20022 messages. A short quiz is available at the end of each section to help you understand and retain the concepts of the course and also to identify any areas you might want to revisit on the course.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: What is Swift?

Lecture 2 What is Swift?

Lecture 3 History of Swift

Lecture 4 Overview of Swift

Lecture 5 Summary

Section 3: Swift Network and Infrastructure

Lecture 6 Swift Network and Infrastructure

Lecture 7 Introduction to the Swift Network and Infrastructure

Lecture 8 Swift CUG, Swift Notifications and Swift Products

Lecture 9 Swift Network and Infrastructure Summary

Section 4: Swift Financial Messaging

Lecture 10 Swift Financial Messaging

Lecture 11 Swift Financial Messaging with services

Lecture 12 Swift Financial Messages with services and message types

Lecture 13 Swift Financial Message Structures and Typical Payment Flow

Lecture 14 Swift Financial Messaging Summary

Section 5: Course Summary

Lecture 15 Course Summary

Beginner payments professionals curios about Swift,Payments professionals interested in learning about Swift,Anyone enthusiastic and eager to learn more about Payments