BHI 3.0·Q1 2026 Bulletin
Last computed 14:32 UTC, Apr 29 2026·Spearman ρ = 0.83·Validation: preliminary
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Movers · since 14:32 UTC, Apr 29 2026
PLATFORM PROFILE

SWIFT

Cooperative11,000+ institutionsBanks & Financial Markets
6.78
B-index (V3.1)
BLACK HOLE
Capture1.807
Escape0.267
Key Structural Insight

Not a company — a chokepoint. Disconnection from SWIFT is the financial equivalent of oxygen deprivation.

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth7/10
Memory7/10
Action8/10
Process10/10
Network9/10
Closeness8/10
Portability2/10
Substitutability3/10
Human Fallback2/10
Org Depth9/10
Momentum3/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.7956CES(d, m, a, p)
Knowledge synergy σₖ0.7000√(d · m)
Operability synergy σₒ0.8944√(a · p)
Synergy boost1.23921 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.45001 + 0.5·o
Momentum multiplier1.09001 + 0.3·t
Total Capture1.8074c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.2311CES(x, s, h)
Feedback attenuation0.7216max(0.3, 1 − 0.35·core)
Total Escape0.2667ε + escCore · feedback
B = Capture / Escape6.781.807 / 0.267

Scoring Rationale

11,000+ institutions. $150T+ daily messages. Disconnection = financial death (Iran, Russia). CIPS and SPFS are orders of magnitude smaller. p=10: international finance stops without SWIFT.

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE8
+1.69
PORT2
-1.38
FALL2
-1.38
SUB3
-1.10
DATA7
+0.65
MEM7
+0.65
ACT8
+0.62
NET9
+0.47
ORG9
+0.47
MOM3
+0.37
PROC10
+0.27
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsBanks & Financial Markets (7 peers)

#PlatformTickerB-indexZone
01Bloomberg TerminalPrivate7.21BLACK HOLEProfile →
02JPMorgan ChaseJPM6.13BLACK HOLEProfile →
03BlackRockBLK5.21BLACK HOLEProfile →
04Goldman SachsGS4.11BLACK HOLEProfile →
05Interactive BrokersIBKR2.49EVENT HORIZONProfile →
06Charles SchwabSCHW2.26EVENT HORIZONProfile →
07Refinitiv/LSEGLSEG.L2.19EVENT HORIZONProfile →