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SOFAZ Modernizes its SWIFT Technology

ICT Materials 4 June 2007 20:14 (UTC +04:00)

Azerbaijan, Baku / corr. Trend I.Khalilova / Alliance Factors specialists have implemented modernization of the SWIFT system at the State Oil Fund of the Republic of Azerbaijan (SOFAZ) as part of the second stage of the Fund's migration into the Public Key Infrastructure (PKI), a source in SOFAZ stated.

SWIFTAlliance Entry, SWIFTAlliance Starter Set, SWIFTNet Link were upgraded to the 6.0 version and the existing PKI certificates transfered to Hardware Security Module within the second stage of the migration into SWIFTNet.

The operations assume great importance for SOFAZ's successful work with SWIFTNet and will help smooth the use of the Relationship Management Application in 2008 within the second stage of the migration process.

SOFAZ applied the SWIFTAlliance Starter Set program in June 2006 as part of the preparation stage of the Fund's migration into the Public Key Infrastructure.

The Moscow-based Alliance Factors is an authorized service partner of SWIFT in the region.

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