Key Takeaways:
Chainlink, Swift, UBS, and Euroclear are partnering to cut $58 billion in annual corporate actions processing costs using AI and blockchain infrastructure, in one of the largest deployments of oracle technology across traditional finance.
"Shared standards let Swift act as an institutional access point to public and private chains, while the Chainlink platform provides the verification and connectivity needed to execute across a multitude of networks," Sergey Nazarov, co-founder of Chainlink, said at Sibos 2025.
The Phase 2 initiative brings together 24 financial market infrastructures and institutions, including Swift, DTCC, Euroclear, SIX, UBS, DBS Bank, BNP Paribas, ANZ, Wellington Management, and Schroders. The production-grade system uses large language models to extract structured data from unstructured corporate action announcements, with new data attestor and contributor roles pushing accuracy on confirmed records to 100 percent. Chainlink's Runtime Environment orchestrates the extraction and validation workflow, transforms confirmed outputs into ISO 20022 messages, and delivers them to institutions through the Swift network, while CCIP distributes records to DTCC's blockchain network and additional public and private chains.
The initiative builds on a seven-year partnership between Chainlink and Swift that began with a smart contract demonstration at Sibos 2016. It comes as tokenized real-world assets are expected to reach $30.1 trillion by 2034, and as Swift announced its own blockchain-based ledger at Sibos 2025. The corporate actions solution gives institutions a production-grade path to onchain finance using the Swift messaging standards they already run.
Chainlink's relationship with Swift dates to 2016, when Nazarov first described a smart contract-based solution for the post-trade securities lifecycle at Sibos in Geneva. The following year he presented a live demonstration that used oracle infrastructure to feed interest rate data into a contract calculating LIBOR benchmarks and bond coupon payments, generating ISO 20022 payment messages sent over Swift.
The partnership accelerated in 2023, when Swift and Chainlink worked with more than a dozen institutions including Euroclear, Clearstream, ANZ, Citi, BNY Mellon, and BNP Paribas to demonstrate cross-chain transfers of tokenized assets. In 2024, under the Monetary Authority of Singapore's Project Guardian, Swift, UBS Asset Management, and Chainlink settled tokenized fund subscriptions and redemptions using offchain fiat via the Swift network.
At Sibos 2025, Chainlink introduced the Digital Transfer Agent technical standard with UBS as the first global asset manager to adopt it. The first use case integrates with UBS Tokenize, where a tokenized fund smart contract receives subscriptions and redemptions triggered using ISO 20022 messages through the Chainlink Runtime Environment and Swift infrastructure. The integration lets institutions use Swift messages to trigger onchain events more broadly, including transactions settled with stablecoins.
Chainlink also won Swift's 2025 Hackathon Business Challenge, demonstrating how its Automated Compliance Engine and Runtime Environment, combined with GLEIF's verifiable Legal Entity Identifier and Swift messages, unlock cross-chain settlement of regulated digital assets.
The corporate actions work gives institutions a way to modernize asset servicing without replacing backend systems, and the $58 billion cost base gives them a clear financial reason to adopt it. As tokenized markets scale toward the $30.1 trillion forecast, the Swift-Chainlink standard positions oracle infrastructure as the connective layer between legacy finance and onchain settlement.
This article is for informational purposes only and does not constitute investment advice.
