Members of the Society for Worldwide Interbank Financial Telecommunication voted this week to give investment management firms access to the organization's global messaging network.

The group, also known as Swift, is a Brussels-based consortium of 2,044 banks that operate a telecommunication network for payment confirmations and other financial messages.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.