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)