Gone are the days when companies wishing to connect directly with their banks via SWIFT had to invest huge resources—in time and money—house highly expensive equipment, and maintain IT resources to manage the connection.

Although the connectivity entity’s first corporate web portal, Alliance Lite, garnered less attention from corporates than might have been expected, the second iteration is already sparking enthusiastic response from mid-market companies. It offers broader services and higher volume capacity than the original version—the lack of which were big drawback for many companies. It allows users to access all MT and MX SWIFT messages types, and uses USB token authentication.