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Home / News Center / GienTech Becomes China’s First SWIFT-Certified Value-Added Technology Service Partner

GienTech Becomes China’s First SWIFT-Certified Value-Added Technology Service Partner

2024/01/23

Recently, GienTech signed a comprehensive cooperation agreement with SWIFT (Society for Worldwide Interbank Financial Telecommunication) on SWIFT API Enabler, becoming the first domestic system integrator in China to obtain SWIFT value-added technology service certification and officially joining the SWIFT Value-Added Technology Partner Program.


SWIFT Value-Added Technology Partners are software integrators certified by SWIFT to provide high-standard, high-quality technical services, software products, and solutions to the SWIFT community. These services include, but are not limited to, SWIFT GPI applications, Inbound Tracking (g4C), and Account Pre-validation (Pre-Val).

 


To address key challenges in cross-border payment and settlement, financial institutions are increasingly adopting the ISO 20022 (MX) messaging standard on the SWIFT network, leveraging richer data structures to enable faster and more accurate payment processing, as well as enhanced KYC and AML compliance.
At the same time, SWIFT GPI solutions and SWIFT API-based interaction channels significantly improve the speed and transparency of cross-border remittances, supporting new financial use cases and meeting the diverse needs of banks and end users.

 

Through close collaboration with SWIFT, GienTech has integrated SWIFT MX messages, SWIFT API standard applications, and intelligent processing technologies into its international settlement product suite. This enables greater automation across a wide range of cross-border payment scenarios, delivering a more efficient and seamless payment experience for both corporate and individual customers.

 

GienTech has over 20 years of experience in the international settlement domain. Its international settlement system has ranked No.1 in IDC’s payment and settlement category for ten consecutive years. The company provides secure and stable solutions across four major areas—international settlement, domestic trade, regulatory risk management, and payment & clearing—supporting the sustainable development of financial institutions’ payment and settlement businesses.

 

GienTech has long maintained a strategic partnership with SWIFT, built on a solid foundation of collaboration. Joining the SWIFT Value-Added Technology Partner Program marks a new milestone in the partnership between the two organizations. Looking ahead, both parties will continue to support high-quality development in the financial industry, driving technological innovation and accelerating digital transformation.

 


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