1st Edition
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) Cooperative governance for network innovation, standards, and community
Introduction, 1. Origins of the Society, 2. How SWIFT works 3. SWIFT standards 4. Development of the SWIFT Network, 5. Current debates in historical perspective 6. Conclusion
Biography
Susan Scott is a Reader in the Information Systems and Innovation Group, Department of Management, at The London School of Economics and Political Science.
Markos Zachariadis is an Assistant Professor at the Information Systems & Management Group, Warwick Business School.
"The technological infrastructure of global finance is of enormous importance. Scott and Zachariadis provide an extremely valuable history of a crucial part of that infrastructure."
Donald MacKenzie, Professor of Sociology, School of Social and Political Science, University of Edinburgh, UK.
"This book examines the development and functioning of a little known but crucially important global organization. SWIFT, a cooperative or mutual organization organized by competing financial firms, is not just "the world’s most trusted third party secure network," but is also a standards organization and the center of a community of practice manifested in the annual Sibos conference. It is a fascinating example of the complex hybrid organizations that glue together our global economy."
JoAnne Yates, Sloan Distinguished Professor of Management MIT Sloan School of Management, USA.
A detailed and lively study of a unique and highly successful case of worldwide cooperation between financial institutions, not driven by regulation.
Alec Nacamuli, Former EVP and founding staff member of SWIFT.
