The ability to deploy Swift’s Alliance Connect Virtual in Google Cloud allows financial institutions to leverage the scalability, flexibility, and cost-effectiveness of cloud infrastructure while maintaining the security and reliability standards required for financial transactions. By virtualizing the traditionally hardware-based Swift VPN connections, institutions can streamline their infrastructure, reduce operational overhead, and accelerate their digital transformation initiatives. Additionally, Google Cloud’s robust security features and compliance certifications help keep sensitive financial data protected.
“Cloud technology has been game-changing for the financial industry over the past decade and will be a key enabler of future transaction forms and flows. With the launch of Alliance Connect Virtual, Swift has taken a major step forward in supporting our customers’ cloud journeys, offering seamless and secure access to Swift via the public cloud. Teaming up with Google Cloud, we’re proud to deliver flexible and resilient solutions that align with the fast-growing cloud-first mindset of our customers, driving innovation while maintaining the highest levels of security and reliability. The feedback we have received from our pilot customers on Google Cloud has been overwhelmingly positive, and we are looking forward to seeing the adoption of the new offer scale.” – Sophie Racquet, Head of Alliance Connect Product Management, Swift
Architecting Alliance Connect Virtual on Google Cloud
The following diagrams show reference architectures of the deployment of the Alliance Connect Virtual connectivity project on Google Cloud. Alliance Connect Virtual is set up in Google Cloud and it provides connectivity to Swift via virtualized Juniper vSRX VPN and via internet or pseudo-leased-line connections to the Swift Network through network providers, based on the customer-chosen connectivity offering (Gold, Silver or Bronze). A pseudo leased line consists of four VLAN attachments and each pair of VLAN attachments has its own Cloud Router and two Partner Interconnect connections.
Alliance Connect Virtual is offered in three packages: Bronze, Silver and Gold. Depending on your Swift traffic’s criticality along with resiliency requirements, you can use the tier that best aligns with your needs. Find below the architecture for each package.