1.

Record Nr.

UNINA9910208946603321

Autore

Scott Susan V (Business writer)

Titolo

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

Pubbl/distr/stampa

Taylor & Francis, 2014

London ; ; New York : , : Routledge, , 2014

ISBN

1-317-90952-6

1-315-84932-1

1-317-90953-4

Descrizione fisica

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

Collana

Routledge global institutions series ; ; 83

Classificazione

POL000000

Altri autori (Persone)

ZachariadisMarkos

Disciplina

332.15

Soggetti

Banks and banking, International - Communication systems

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

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

Sommario/riassunto

"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"--