MA-CUG
MA-CUG (Member Administered- Closed User Group)
Medium to large companies are increasingly looking to improve their cash-management strategy by joining SWIFT as MA-CUGs (Member Administered Closed User Groups). As „Service Participants“ corporate customers are able to standardise their financial services inside of MA-CUGs. By connecting via SWIFT, standardly formatted financial messages are exchanged nationally and internationally in real-time. MA-CUG participants are administered and served by their bank and enjoy the following benefits:
- minimisation of transaction costs and risks
- straight-through-processing (STP)
- optimisation of liquidity management
- rationalisation of payments
- continuity and security
- worldwide reachability
AnaSys AG has over 15 years of experience with the SWIFT-environment and has used this high level of competence to develop the AnaSys MessageManager. AnaSys MessageManager facilitates rapid customer integration into a MA-CUG and thereby enables safe data transfer between corporates and their banks.
AnaSys AG also offers corporate access to SWIFTNet over the AnaSys SWIFT Service Bureau, so that corporate customers can immediately use the full functionality of SWIFTNet without having to install/set-up a dedicated SWIFT environment of their own.
