Morgan Stanley selects Wise Platform to enhance payments capabilities for corporate clients

Ryan Zagone

We’re excited to announce that Morgan Stanley, a leading global financial services firm, has teamed up with Wise Platform, Wise’s global payments infrastructure for banks, to facilitate their foreign exchange international settlements capabilities for its corporate customers. Morgan Stanley will offer clients high-speed cross-border settlements, making Morgan Stanley the first investment bank to enable these capabilities on Wise Platform.

This market leading solution pairs Wise’s cutting edge payments capabilities with Morgan Stanley’s one-firm, integrated, cross-divisional approach to providing the best solutions for its client base. By harnessing Wise’s technology and local connectivity, Morgan Stanley can focus on servicing its sophisticated clients while reducing implementation timelines. The offering will compliment Morgan Stanley’s existing suite of transactional foreign exchange services targeting corporate and institutional clients.

Steve Naudé, Managing Director of Wise Platform said:

This relationship marks a significant milestone in the growing number of trusted global banks that are choosing to power their cross-border payments through Wise Platform. Morgan Stanley has a strong and clear payments vision for the experiences and solutions they want to offer their customers, and we’re thrilled to be working with them to enable their corporate payment capabilities and bring fast, cost-effective, transparent and easy payments to Morgan Stanley’s clients.

Samer Oweida, Global Head of Foreign Exchange and Emerging Markets at Morgan Stanley said:

At Morgan Stanley, we are committed to delivering best-in-class technology solutions to our clients. Our relationship with Wise enables us to adapt to the evolving needs of our clients and deliver one of the faster, operationally robust, cost-effective payment capabilities in the banking industry.

Wise Platform works with the world’s leading banks, financial institutions, and businesses to power their international payments using Wise’s global infrastructure.

At Wise, our vision is money without borders and over the past 14 years, we’ve been singularly focused on achieving this by solving the complexities of moving and managing money across borders. Morgan Stanley’s selection of Wise is a testament to the speed, scale and reliability of the infrastructure and network we’ve built over the last decade.

To find out more about this relationship, please visit.

Money without borders

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