SWIFT Products & Services
SOFE Plenary
Victor Abbeloos, Head of Interfaces, SWIFT
Frankfurt am Main, 27 - 29 November 2012
Agenda
Products & Services portfolio overview Interface Evolution SWIFTRef IBAN Only
SWIFT Products & Services Overview
Applications Interface
Connectivity
Standards
Messaging
Interface Evolution - 2012
Products and services meeting your individual needs: Alliance LITE 2 Alliance Access Linux Integration Platform Operational Reporting Alliance Messaging Hub
Alliance Lite 2
Alliance Messaging Hub
A simple, secure , cloud- based connection
Light footprint
Best-in-class
Highly available, secure, 24/7
Usage-based pricing
The easiest way to connect to SWIFT
Integrated Service offering
Full-featured, secure & reliable
Peace of Mind
Alliance Lite2 6
Align SWIFT systems with your platform strategy
SWIFT on Linux
The voice of the SWIFT Community
In my institution, policy for new applications is Linux unless the manufacturer doesnt support it
We are moving all of our major vendors to Linux.
Linux is our new strategic platform and our objective is to migrate all UNIX systems (mainly Solaris) to Linux.
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Swift on Linux September 2012
TCO savings a key benefit
OS swap fee -35% Operations (FTE) OS licence Hardware annual maintenance Hardware purchace Access annual fees
Current situation
Using Linux
Linux Pilot Feedback
pilot tests of SWIFTs Linux-based applications demonstrated that the environment is very stable, with performance levels that met or exceeded our existing UNIX-based systems. The support from SWIFT was excellent and demonstrated their expertise with this new platform. We are now looking forward to moving SWIFT onto Linux in the live environment. Willy Schockert, Director UNIX and ICSD Infrastructure, Clearstream
Our
Swift on Linux September 2012
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A powerful core to the SWIFT Integration Solution
Alliance Access Integration Platform
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What Are Your Integration Challenges?
Looking to reduce costs?
A new link to SWIFT?
More (3rd party) Applications?
Minimise systems changes?
Need systems to communicate?
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Benefits of the Integration Platform
Footprint and TCO reduction
Community enablement
Alliance Access
Exchange proprietary messages with Access
Enhance existing flows
One stop shop solution model
Getting more out of your messaging interface
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Drive operational excellence with insights from the new Alliance Access reporting tool from SWIFT
Alliance Access Operational Reporting
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A Video Introducing Operational Reporting
Play Video
See [Link]
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Key Benefits
Reduce Operational Risks
Help identify discrepancies with back-office systems Inform users and systems about exceptions to handle Summary view, with financial impact, of pending transactions
Improve Operations
Monitor STP rate and round trip time Provide statistics on exceptions (NAK, PDE, PDM) Help answer audit requests
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A FREE trial without obligation
90 days free evaluation Full functionality
Your Activation code
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Alliance Messaging Hub
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Alliance Messaging Hub
AMH remains a core product within portfolio for SWIFT 2015 Strategy AMH to benefit from the proven operational excellence of SWIFT optimise cost of product development and support The functional integration of Arkelis into SWIFT benefits our customers
Advance Messaging Hub is now Alliance Messaging Hub
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IBAN only by SWIFT
SOFE 2012
[Link]/SWIFTRef swiftref@[Link]
IBAN Only (EU 260/2012)
IBAN only rule
- the payment service user must only provide the IBAN (not the BIC) to the payment service provider after 1 Feb 2014 for domestic payments, and after 1 Feb 2016 for cross-border payments
Implication
- the sending bank will have to derive the BIC from the IBAN - very high quality required (large payment volumes)
Solution
- SWIFTs IBAN Plus - The best & low-cost solution for the industry
Solution
IBAN Plus Purpose Derive the BIC from the IBAN accurately Validate IBAN and its components Quality data
EU 260/2012 IBAN Only
Includes IBAN/BIC data from national authorities (where available) IBAN/BIC data is corrected by owning banks (collected by data team) Data is tested by pilot banks on live SEPA traffic Built in line with EPC requirements (under construction) Updated regularly
SWIFT Consulting & Training Services
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SWIFT Services
End-to-end project management
Analyse Design Implement Test Roll-out Operate
Adopt best practices Benchmarking Consulting Reduce time to market Reduce TCO Access to expertise Adopt best practices Increase automation and STP Increase efficiency Build up in-house knowledge and expertise Reduce TCO
Reduce operating cost Adopt best practices Proactive risk mitigation
Operations
Training
Post-project support Access to self-support tools and engineers Proactive monitoring and problem avoidance 24x7 availability
Support
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Q&A
?
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Thank you
