The Shared Infrastructure Program (SIP) is the Annual Mandatory Compliance conducted by SWIFT (Society for Worldwide Interbank Financial Telecommunication) S C Belgium for all the SWIFT Shared Infrastructures (SWIFT Service Bureaux) in the world to make sure that the Global Standards are compliant by all providers in a consistent manner.

Lanka Financial Services Bureau Ltd (LFSBL)has been a SWIFT Certified Shared Infrastructures provider since 2013 and continuously meet the enhanced stringent standards year on year. The continuous certification of the LFSBL exemplifies a significant stride towards strengthening levels of resilience, quality assurance, cybersecurity, reliability, Business Continuity, Services by SWIFT Certified Technical Specialists and On-boarding specialists and Change management towards consolidating the SWIFT payments system to the nation’s financial sector. The compliance program is based on the specified standards in the Provider Security Control Framework (PSCF), which compliments and aligns seamlessly with SWIFT’s Customer Security Control Framework (CSCF). These stringent standards underscore SWIFT’s broader strategy to ensure the safety and integrity of its global financial messaging system, offering both mandatory and advisory security controls that financial services institutions are required to adopt to safeguard their SWIFT-related operations and payment systems at large.

From the perspective of Sri Lankan Banking and financial services providers and their customers, the standards reflect the following key areas:

1. Assurance of Security and Trust

For existing service providers and their clientele, this partnership guarantees a secure, certified, and robust infrastructure. SWIFT’s rigorous standards enhance confidence in the safety of transactions, fostering trust among stakeholders. This assurance is critical in a digital-first global banking ecosystem, where secure messaging systems are foundational to financial stability.

2. Secure and Cost-Effective Connectivity for Financial Institutions

The partnership serves as an invitation for financial institutions, including banks and other service providers, to leverage cost effective, convenient, and secure connectivity to SWIFT’s systems. This reduces the operational complexities associated with international financial communication, encouraging greater participation by Sri Lankan institutions in global markets. Detecting Anomalies It positions Sri Lanka’s banking sector as a competitive and efficient participant in global cross-border financial transactions.

3. Demonstration of Expertise and Compliance

The partnership reflects LFSBL’s in-house proficiency through its Certified Specialists. LFSBL employs two Onboarding Specialists and two Interface Specialists, all of whom are SWIFT-certified. These experts ensure seamless integration and operational support in line with SWIFT’s stringent global technology, security, and administrative standards. This capability signals LFSBL’s readiness to serve as a hub of expertise for other local institutions seeking to comply with SWIFT’s requirements.

The Framework of Security Controls

The PSCF and CSCF together encompass 12 broad categories of security controls, broken down into approximately 60 specific criteria. These include:

• Restricting Internet Access and Protecting Critical Systems
• Reducing Attack Surfaces and Mitigating Vulnerabilities
• Managing Identities and Separate Privileges
• Detecting Anomalous Activities in Systems and Transactions
• Planning Incident Response and Information Sharing

These measures comprehensively address both preventative and responsive security protocols, enabling institutions to mitigate risks effectively.

Stringent Compliance for Global Recognition

LFSBL undergoes an annual global audit to validate its compliance with SWIFT’s stringent controls. This external validation is a prerequisite for achieving and maintaining SWIFT certification, with 100% compliance necessary to secure a listing in SWIFT’s global registry. This certification positions LFSBL as a reliable financial services provider aligned with global standards, thereby elevating the reputation of Sri Lanka’s banking and financial sector. Any significant and critical deviations will result in immediate suspension on new on-boarding activities and if the organization is unable to complete the remedies for deviations, then it will be escalated to the stage of ‘termination’ of the connection.

Resultant Benefits to Sri Lanka

The SWIFT Certification of LFSB Lenhances the resilience and credibility of Sri Lanka’s financial services providers, fostering customer trust and global competitiveness. It attracts international partnerships, encourages innovation, and bolsters the country’s financial sector as a key player in global markets, ensuring long term growth and stability.

LFSBL contributes significantly towards reducing foreign exchange outflows by providing local access to SWIFT connectivity services. The Sri Lankan banking and financial community benefits from secure, reliable, and cost-effective transaction services while maintaining compliance with global standards.

LFSBL remains committed to supporting Sri Lanka’s banking and financial institutions through globally compliant, secure, and reliable SWIFT connectivity services.

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Pearl Isle Capital (PIC) – Swarnam Gold Loan is rapidly emerging as one of Sri Lanka’s most dynamic financial startups, transforming the traditional gold lending landscape while establishing a strong and growing market presence. By bridging the long standing gap in the traditional gold loan industry, PIC is redefining how customers experience gold backed financing.

Founded in 2025, PIC quickly gained recognition as a standout startup and has since evolved into a fast-growing and trusted business entity in 2026. Led and backed by a Middle East based, highly experienced MD/CEO representing a diversified financial conglomerate with extensive Gulf region exposure alongside a promising leadership team and a progressive local Board of Directors the company seamlessly blends global expertise with deep local market insight.

A key milestone in PIC’s journey is the introduction of Sri Lanka’s first fully fledged, non interest based, Shariah compliant gold loan solution, positioning the brand as a pioneer in Islamic finance within the gold loan sector. This unique model directly addresses the gaps in the conventional pawning system by promoting transparency, fairness, and ethical financial practices.

With a strong and expanding market presence, PIC is successfully reshaping customer perceptions of gold loans moving away from purely transactional lending toward a more structured, ethical, and customer focused financial solution. The company’s approach has attracted a rapidly growing customer base across all communities in Sri Lanka, reflecting its inclusive and trust-driven value proposition.

Enhancing customer experience remains central to the brand. Through initiatives such as the Premium Gold Loan Lounge, free gold valuation services, and a digital Safekeeping Rental Calculator, PIC delivers convenience, privacy, and confidence elevating the gold loan experience beyond traditional norms into a more refined and dignified service offering.

With a growing branch network in Colombo 07 (Premium Lounge), Grandpass, Maradana, Kirulapona, and Mawanella, along with increasing digital engagement and customer trust, PIC continues to strengthen its footprint across key markets.

As the industry evolves, Pearl Isle Capital – Swarnam Gold Loan stands at the forefront bridging the gap between traditional gold lending and modern financial solutions, while building a powerful brand rooted in innovation, inclusivity, strong market presence, and Islamic finance excellence.

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