$XRP Crypto researcher SMQKE shared a post claiming that Ripple’s integration with Finastra opens access to 11,000 SWIFT-connected financial institutions. The post was accompanied by four attached documents and diagrams described as evidence to support the statement.

SMQKE emphasized the scale of this access by referencing RippleNet’s current network of around 200 connected institutions compared to SWIFT’s much larger footprint.

Why This Is Significant to Ripple

The attached documents contained details about Finastra’s service bureau and its connectivity model. One section quoted Marcus Treacher, former Senior Vice President of Customer Success at Ripple, who described Finastra as an established fintech player working with a majority of the world’s top banks.

Treacher stated that the partnership would expand Ripple’s reach and solutions for its partners while also broadening the footprint of RippleNet. He highlighted that the collaboration would enable institutions to transact directly with each other.

Another excerpt included in the documentation highlighted the numerical gap between RippleNet and SWIFT. RippleNet was noted to have 200 connected institutions, a figure described as small when compared to the 11,000 institutions connected through SWIFT. The attached note suggested that this deal could benefit both Finastra’s and Ripple’s existing clients by creating a pathway for interoperability.

Finastra’s own perspective was also reflected in the material. Ritesh Singh, SVP of FMS at Finastra, was quoted as saying that working with Ripple would allow the company to offer fast and reliable cross-border payments using blockchain technology. He added that this would be particularly useful in regions where the cost of correspondent banking remains high.

Diagrams and Connectivity Models

The four images included in SMQKE’s post provided diagrams illustrating how Finastra’s systems connect to different payment networks.

One diagram showed Finastra’s service bureau linking banks to both Ripple and SWIFT, with a flow of services such as payment processing, sanctions screening, and cash visibility.

Another depicted a structure where customer banks’ back-office systems connect through Finastra to both Ripple’s xCurrent cloud and SWIFT messaging.

Further diagrams demonstrated correspondent banking flows, showing Ripple and SWIFT as parallel channels accessible through Finastra’s connectivity.

The simplified schematic presented by SMQKE indicated a model where a bank’s core system connects via Finastra’s Zurich-based service bureau to both Ripple and SWIFT infrastructures.

Interpretation of the Post

SMQKE claims that the integration creates a significant extension of Ripple’s potential reach by connecting indirectly to the 11,000 financial institutions that use SWIFT through Finastra.

The post underscores the scale difference between RippleNet’s existing network and SWIFT’s larger system and presents Finastra as a bridge that could allow Ripple to gain broader connectivity.

The documentation suggests that Ripple’s blockchain technology could complement Finastra’s existing infrastructure to provide additional efficiency for financial institutions already using SWIFT.

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