Scribd
Upload
185 views

SWIFT Products & Services: SOFE Plenary

This document provides an overview of SWIFT's products and services portfolio. It describes SWIFT's interface evolution in 2012, including Alliance Lite 2, a simple and secure cloud-based connection, and Alliance Messaging Hub, a highly available and secure integration service. It also discusses SWIFT on Linux, noting feedback from pilot tests found performance met or exceeded existing UNIX systems. Finally, it briefly outlines IBAN Plus, SWIFT's solution to help banks derive BICs from IBANs to comply with the upcoming "IBAN only" rule for domestic and cross-border payments.

Uploaded by

Freeman Jackson
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
185 views

SWIFT Products & Services: SOFE Plenary

This document provides an overview of SWIFT's products and services portfolio. It describes SWIFT's interface evolution in 2012, including Alliance Lite 2, a simple and secure cloud-based connection, and Alliance Messaging Hub, a highly available and secure integration service. It also discusses SWIFT on Linux, noting feedback from pilot tests found performance met or exceeded existing UNIX systems. Finally, it briefly outlines IBAN Plus, SWIFT's solution to help banks derive BICs from IBANs to comply with the upcoming "IBAN only" rule for domestic and cross-border payments.

Uploaded by

Freeman Jackson
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 26

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.
8

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

10

A powerful core to the SWIFT Integration Solution

Alliance Access Integration Platform

11

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?

12

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

13

Drive operational excellence with insights from the new Alliance Access reporting tool from SWIFT

Alliance Access Operational Reporting

14

A Video Introducing Operational Reporting


Play Video

See swift.com

15

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

16

A FREE trial without obligation


90 days free evaluation Full functionality

Your Activation code


17

Alliance Messaging Hub

18

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


19

IBAN only by SWIFT


SOFE 2012

www.swift.com/SWIFTRef [email protected]

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

23

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

24

Q&A

?
25

Thank you

You might also like