Business
Bayer AG Successfully Migrates to Broadridge Swift Service Bureau, Strengthening Global Payment Infrastructure
Bayer AG, a global life science company, successfully completed its migration to the Broadridge Swift Service Bureau (SSB) by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR). The transition modernizes Bayer's global payment infrastructure and enhances secure, standardized financial messaging across its international operations.
About this update from Broadridge Financial Solutions, Inc.
[{"type":"text","content":"FRANKFURT, Germany, May 6, 2026 /PRNewswire/ -- Bayer AG, a global life science company, successfully completed its migration to the Broadridge Swift Service Bureau (SSB) by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR). The transition modernizes Bayer's global payment infrastructure and enhances secure, standardized financial messaging across its international operations.","length":404,"tagName":"p"},{"type":"text","content":""The successful migration to Broadridge's Swift Service Bureau represents an important step forward in strengthening our global treasury infrastructure," said Marcel Bennemann, Project Manager, Bayer AG. "We required a solution that could support complex system integration, rigorous validation processes, ISO 20022 readiness, and the ability to manage 4 million payment transactions annually across 80+ banking partners worldwide. Broadridge delivered a secure, scalable platform aligned with Swift SCORE+ performance standards that enhances transparency, compliance, and operational resilience across our global payment landscape."","length":657,"tagName":"p"},{"type":"text","content":"The implementation included message exchange testing with more than 20 of Bayer's banking partners, validating high transaction volumes and diverse payment types across multiple financial institutions.","length":205,"tagName":"p"},{"type":"text","content":""Large-scale Swift migrations require deep technical expertise, disciplined execution, and close collaboration," said Heidi Dittmar, Head of Germany at Broadridge. "We worked closely with Bayer to deliver a secure, highly customized solution that integrates multiple systems, supports complex authorization structures, and provides the flexibility to evolve with future regulatory and operational requirements. This project demonstrates Broadridge's commitment to helping global organizations modernize their financial connectivity with confidence."","length":573,"tagName":"p"},{"type":"text","content":"The migration followed a two-phase approach designed to strengthen compliance, risk, mitigation, and operational oversight. Phase 1 focused on transitioning to the Broadridge Swift Service Bureau to modernize connectivity and standardize global financial messaging. Phase 2 integrated Swift's Transactio...