SWIFT gears up in Asia with new appointment 28 August 2012Singapore Reporter: Georgina Lavers
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Marco Attilio has been appointed as the new director for global funds markets at SWIFT.
In this newly created position, Attilio will be based in Singapore and have responsibility for growing SWIFT’s funds business across Asia Pacific. In this capacity, Marco will work closely with the investment funds markets in the region to further assess how to shape SWIFT’s service for funds locally, and how to evolve the SWIFT for Funds programme beyond order processing.
“Attention to funds is growing in the region as the framework of collaboration intensifies between different Asian funds markets such as the Asian Funds Passport,” said Attilio.
“SWIFT supports these initiatives not only from an ISO standardisation perspective but also providing innovative solutions to tackle different operational, regulatory, and reference data challenges. Needs in Asia are not unlike those experienced in other parts of the world, however, the ‘one solution fits all model’ might not be adequate for the region and we have to respond to the needs of the various Asia Pacific funds markets to shape our products and services to funds going forward.”
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