coconet accredited as SWIFT Value-Added Services Enabler
SWIFT has accredited coconet as a Value-Added Services (VAS) Enabler Partner. The accreditation confirms that coconet has successfully completed SWIFT's Enabler Programme and can now integrate selected SWIFT Value-Added Services directly into its digital corporate banking solutions.
Bringing SWIFT services closer to corporate clients
Over the past years, SWIFT has expanded its service portfolio beyond messaging and connectivity. Today, many banks already have access to services such as payment tracking, pre-validation, compliance, transparency and analytics capabilities. However, these services are often not fully utilised because they remain disconnected from the day-to-day digital banking experience used by corporate customers.
As a SWIFT Value-Added Services Enabler, coconet closes this gap by embedding SWIFT services directly into corporate banking workflows and customer-facing channels. Instead of requiring separate systems or complex integrations, banks can offer these capabilities through a seamless and intuitive user experience within their existing corporate banking platform.
Turning SWIFT capabilities into practical banking functionality
coconet enables banks to make SWIFT services visible and accessible to their customers through fully integrated digital workflows. Examples include:
- SWIFT gpi Tracker for real-time visibility of cross-border payments, providing greater transparency and status tracking within the payment journey.
- Payment Pre-Validation, helping verify payment and beneficiary information before execution to reduce errors and operational effort. Benefits for banks and corporates
By integrating SWIFT Value-Added Services into digital corporate banking channels, banks can increase the value of their existing SWIFT investments while enhancing the experience they provide to corporate customers.
Key benefits include:
- Reduced errors and operational risk
- Higher process efficiency
- Greater transparency for corporate clients
- Improved customer satisfaction and engagement
- Faster introduction of new services
- Stronger differentiation in the corporate banking market
Unlocking the full value of SWIFT Value Added Services
As corporate clients increasingly expect transparency, speed and seamless digital experiences, banks need solutions that make advanced payment services easy to access and use. coconet’s role as a SWIFT Value-Added Services Enabler helps bridge the gap between powerful SWIFT capabilities and modern corporate banking experiences.
"The technology already exists. The real value comes from making it easy to use. Our role is to bring SWIFT services directly into the digital corporate banking experience.“ Frank Dux, Managing Director, coconet
By transforming API-based SWIFT services into fully integrated, customer-facing functionality, coconet enables banks to unlock the full value of their SWIFT investments and deliver greater value to their corporate clients.