Tim Lind, head of legal entity and corporate actions at Thomson Reuters and an old hand at standards from working at SWIFT, T owerGroup, GoldenSource and Omgeo, wrote that SWIFT ISO working groups and industry participating have been working for 15 years on its ISO 15022 messaging protocol.

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Rene Schuurman, director and global product manager for connectivity services at Citi, said that SWIFT has been working hard since 2003 to get more corporations connected to banks using its network.

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And the European Parliament recently voted for their swift inclusion in the European Working Time Directive, which sets a 48-hour maximum.

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