The Society for Worldwide Interbank Financial Telecommunication (SWIFT) : cooperative governance for network innovation, standards, and community / Susan V. Scott and Markos Zachariadis.

Format:

Book

Author/Creator:

Scott, Susan V. (Business writer), author.

Contributor:

Zachariadis, Markos.

Series:

Global institutions series ; 83.

Routledge global institutions series ; 83

Language:

English

Subjects (All):

Society for Worldwide Interbank Financial Telecommunication.

Banks and banking, International--Communication systems.

Banks and banking, International.

Physical Description:

1 online resource (192 pages ) illustrations (black and white)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 2014.

Language Note:

English

System Details:

text file

Summary:

"This book traces the history and development of a mutual organization in the financial sector called SWIFT, the Society for Worldwide Interbank Financial Telecommunication. Over the last forty years, SWIFT has served the financial services sector as proprietary communications platform, provider of products and services, standards developer, and conference organizer ("Sibos"). Founded to create efficiencies by replacing telegram and telex (or 'wires') for international payments, SWIFT now forms a core part of the financial services infrastructure. It is widely regarded as the most secure trusted third party network in the world serving 212 countries and over 10,000 banking organizations, securities institutions and corporate customers. Through every phase of its development, SWIFT has maintained the status of industry cooperative thus presenting an opportunity to study broader themes of globalization and governance in the financial services sector.In this book the authors focus on how the design and current state of SWIFT was influenced by its historical origins, presenting a comprehensive account in a succinct form which provides an informative guide to the history, structure, activities and future challenges of this key international organization. This work will be of great interest to students and scholars in a wide range of fields including IPE, comparative political economy, international economics, business studies and business history"-- Provided by publisher.

Contents:

Introduction, 1. Origins of the Society, 2. How SWIFT works 3. SWIFT standards 4. Development of the SWIFT Network, 5. Current debates in historical perspective 6. Conclusion

Notes:

Includes bibliographical references and index.

Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported 3CC BY-NC-ND 3.0 https://creativecommons.org/licenses/by-nc-nd/3.0/legalcode

Description based on print record, CIP data from the publisher, and e-publication e-publication, viewed on September 02, 2020.

Description based on publisher supplied metadata and other sources.

ISBN:

9781317909521

1317909526

9781315849324

1315849321

9781317909538

1317909534

OCLC:

868974870

Access Restriction:

Unrestricted online access