The fund automation system is expected to benefit LBOT with strategic advantages while improving sales flexibility and service level.

Using the system, LBOT expects to directly connect its back-end exchange interface with international fund companies, to improve its service quality and operation efficiency.

SWIFT adoption

At present, more than 80 percent of Taiwan-based banks have installed the SWIFT infrastructure.

Fidelity Funds was the first fund company of LBOT to introduce SWIFTNet Funds, was a pioneer in promoting fund automation in Asia and one of the founding members of the Asia Fund Automation Consortium.