Case Study: SCOR achieves secure, centralized SWIFT financial messaging and reduced complexity with Bottomline GTCloud

Global reinsurer SCOR focuses on breakthrough innovation by offloading financing messaging operations

SCOR is a global reinsurer headquartered in Paris, specializing in Property & Casualty reinsurance, Life reinsurance, and asset management. Faced with growing technical complexity and rising costs of maintaining its financial messaging network, SCOR needed a centralized, cloud-based SWIFT solution with strong integration capabilities and expertise in SWIFT and electronic signature technology to secure file transfers.

SCOR partnered with Bottomline to deploy the GTCloud financial messaging platform, using Bottomline’s Geneva bureau for SWIFT access, 3S-Key and sanction filtering, plus on-premise GTMatch reconciliation and GTFrame SEPA format transformation. The ISO 20022- and SEPA-compliant solution delivers end-to-end payment security with digital identification and authentication, allowing SCOR to offload operational complexity and focus on core reinsurance innovation and customer value.

SCOR