EastNets, a leading global provider of compliance and payments solutions, has won the SwiftReady Services label after successfully passing the renewal criteria for 2010.

The certification validates EastNets’capability to perform implementation, integration and upgrade services in 2010 for SWIFT products and solutions.

Society for Worldwide Interbank Financial Telecommunication (SWIFT) supplies secure messaging services and interface software to wholesale financial entities.

The SwiftReady label involves three stages of validation:

• Technical validation wherein SWIFT uses an external provider to execute the technical validation of the products applying for a SWIFTReady application label

• Functional validation, which consists of a detailed demonstration of the applicant product to SWIFT business experts, who assess compliance

• Customer validation, which verifies customer satisfaction regarding the usage of the product

'The SwiftReady label reaffirms our continuing thrust to deliver premium-quality solutions and value-added services to our growing portfolio of customers worldwide,” said Hazem Mulhim, CEO, EastNets.

“With the certification, our customers can have complete confidence in EastNets' capabilities to provide compliance and payment solutions that have passed the most stringent quality standards,” he added. – TradeArabia News Service