I am not sure whether this has been raised before, but people might find the following new study of interest:

The Society for Worldwide Interbank Financial Telecommunications (SWIFT): Cooperative governance for network innovation, standards, and community.
Susan V. Scott and Markos Zachariadis
London and New York: Routledge, 2014.
xvii+174, hardcover
9780415631648

Kind regards
Bernardo
Bangor University (Wales)