Documentum, Inc. announced its inclusion into the Society for the Worldwide Interbank Funds Telecommunications (S.W.I.F.T.) Partner Program as a registered vendor in the Derivatives Provider category. Documentum’s suite of finance industry solutions, based upon the Documentum Enterprise Document Management System 98 (EDMS 98), currently supports the S.W.I.F.T. financial message standards. This integration provides Documentum finance customers with an industry standard method for communicating documents between counterparties. Documentum is also working with S.W.I.F.T. to attain the necessary information and support to achieve the next level of accreditation, known as Silver. Virtually every major bank uses the S.W.I.F.T. network to communicate interbank payments and settlements. Other less sophisticated communication mechanisms include fax telex and email. S.W.I.F.T. establishes standards for message transfer to provide low-cost, competitive financial processing and communication services of the highest quality, integrity and reliability. Documentum support for the message standards now enables its industry leading Swaps and Derivatives confirm generation system to interface to the S.W.I.F.T network. www.documentum.com
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