Sharegain first company globally to offer clients SWIFT public cloud connectivity

Following its key role in SWIFT’s public cloud connectivity pilot programme, Sharegain became the first company globally to go live with SWIFT public cloud connectivity as a service to its clients.

London, UK, 12 May 2022 – Sharegain, a leading capital markets fintech, today announced it has launched SWIFT public cloud connectivity, enabling full SWIFT messaging capabilities via the cloud. Sharegain has become the first company globally to offer such capabilities to its clients and their custodians, further reducing costs for existing capital markets participants and lowering the barriers of entry for new entrants by making on-premise connectivity redundant.

Sharegain’s category-defining and market-leading Securities Lending as a Service (SLaaS) solution also removes from clients the overhead of sending SWIFT instructions to their custodians, a further enhancement of Sharegain’s 360° client success offering. In addition, as a custody agnostic solution, Sharegain’s cutting-edge tech stack can connect any client to any custodian via a simple integration.

Sharegain’s role in SWIFT’s public cloud connectivity pilot programme also highlights the company’s industry-recognised tech leadership when it comes to integrating, digitalising and upgrading capital markets infrastructure. Playing a key role in pioneering technological developments, as well as setting the highest standards when it comes to client experience, is what clients have come to expect from Sharegain.

Boaz Yaari, Sharegain CEO & Founder, said: “Being the first company globally to offer its clients SWIFT public cloud connectivity underscores Sharegain’s innovative, market-leading and transformational use of technology, to both enhance client experience and move the industry forward toward more efficient, transparent and open capital markets. I am proud of our team picking up the baton and playing a key role in helping SWIFT, a foundational capital markets infrastructure player, develop the Alliance Connect Virtual product for the benefit of the entire market. This collaboration provides a perfect example of what can be achieved when top tier global players and trailblazing Fintechs collaborate for the benefit of all capital market participants.”