Swift’s messaging, interfaces and integration portfolio for iso 20022

SWIFT’s messaging,

interfaces and integration

portfolio for ISO 20022

May 12, 2016

Pat Antonacci, Head of Services and Support, AM-UK Region, SWIFT

Stephen Lindsay, Head of Standards, SWIFT

SWIFT’s messaging, interfaces and integration portfolio for ISO 20022

ISO 20022 Starter Set

Towards a

harmonized usage

of ISO 20022

A cost-effective

environment to MI

participants

Based on ISO

20022

implementation

best practice

Predictable,

secure and

reliable

environment

Less time

Reduced costs

Reduced risks

Adopt

STRATEGY DESIGN

IMPACT ASSESSMENT

IMPLEMENTATION GUIDELINES/ STANDARDS MANAGEMENT

INTERNAL PREPARATION TESTING

Implement

GO LIVE OPERATE

Use

PHASE 1: GO LIVE SUPPORT

PHASE 2: MONITOR LIVE OPERATIONS

MAINTENANCE

PROJECT MANAGEMENT

RULEBOOK

PHASE 3: PREPARE FUTURE EVOLUTION

COMMUNITY SUPPORT COMMUNITY ONBOARDING COMMUNITY AWARENESS, COMMUNITY

ENGAGEMENT

YOUR COMMUNITY OFFERING

ISO 20022 Starter Set

STANDARDS IMPLEMENTATION

TECHNICAL IMPLEMENTATION

BUSINESS IMPLEMENTATION

ISO 20022 ADOPTION WORKSHOP

Alliance Portfolio

• Modular component architecture

• Zero down time infrastructure

• Mission critical resilience

• Multi-network support

CONNECTIVITY

INTERFACES

INTEGRATION Alliance Integration Platform

Alliance Lite2 Alliance Access

Alliance

Gateway

Alliance Messaging Hub (AMH)

Alliance

Remote

Gateway

• Out-of-the-box solution

• Quick-time to market

• Adaptable and configurable

• Low investment

• Low footprint

• Security

SWIFT Community Cloud Standard on-premises Modular on-premises

La

ye

rs

Solutions

Value proposition

Alliance Connect Other networks


Integration / Conversion Tools


MyStandards with SWIFT’s Integration Portfolio

SWIFT

ISO

20022

Market

practice

groups

Financial

institutions

Market

infrastructures

Base Standards: MT/MX/ISO 20022

Global market practices

Local market practices

Bilateral guidelines

Internal specifications

SWIFT ISO

20022

Market

practice

groups Financial

institutions

Market

infrastructures


Corporate Kick Start Built-in advanced

standards support

Message libraries based on customized definitions created in MyStandards by SWIFT

FIN MT101 high value wires – includes generic MT101 plus country specific variants

ISO20022 - supports CGI and SEPA compliant pain.001.001.03 bulk payment files and pain.002.001.03 payment status report

Market-specific and bank-specific rules for any jurisdiction or bank supported in transformer and defined in MyStandards

Corporate Kick Start Bulk Payment Files

Corporate Kick Start MyStandards Support

Messaging Portfolio


Messaging

Messaging portfolio – Recent developments


File

GUI

FIN MI

Channel

PAG

DMC

SWIFT

WebAccess

• Secure and reliable messaging

• Formatted data (individual)

• User-to-Application Browsing

• Data that comes in bulk (e.g. instructions, reports, statements)

• Transfer of any format (e.g. images, pdf document …)

Copy

services

InterAct

FileAct

Global Sales Convention

SWIFTNet Copy Service


Global Sales Convention

Participant B Participant A

SWIFT

Interface

SWIFT

Interface

• Closed user group based

• Message validation

• PKI based security

• Archival and retrieval

• Copy services

• Support ISO 20022

MI

Application

Authorisation

request MI Authorisation

response

xsys.001 (*)

Payment

Instruction

pacs.008

pacs.009

pacs.010

Autorised/settled

Payment Instruction

pacs 008/009/010

(copy)

xsys.002 (***)

Sender Notification

Abort Notification

xsys.003 (***)

pacs.008

pacs.009

pacs.010

(**)

ISO

Economy & Finance

Swift’s messaging, interfaces and integration portfolio for iso 20022