Our vision at FinSwitch is to be the central switch for all Collective Investment Industry related data and a value-adding communication platform for all users.

Our mission at FinSwitch is to make moving data between parties in the South African Collective Investment Industry faster, safer and cheaper.

We achieve this by providing a common automated platform to process transactions and other data between members of the industry. By using a common set of message formats across the industry, processes can be automated thus reducing or even eliminating manual intervention. The result? - errors decrease, productivity increases and overall costs come down. A Win-Win for everyone.

The FinSwitch platform provides for the switching of a various types of data including transaction instructions, transaction confirmations, price information, income distribution notifications and retail / institutional investment split reports (used by ManCos to calculate foreign investment allowances).

Our main clients are Unit Trust Management Companies (ManCos) and Bulked Investors such as Linked Investment Service Providers (LISPs), but also include Asset Management, Employee Benefits and Third Party Administration companies.

Principle Benefits

• Single point of contact
• Industry source for prices and TERs
• Reduced transactional risks
• More efficient and productive administration
• Industry standardization of data formats
• Fixed cut-off for Transaction processing
• Reliable, secure and easy to use

• 9,808 Price line items per day
• 90,834 transaction requests received
• 7,410,570 data items switched