Aain Raes Opening Address

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  • SWIFT Inaugural

    Address

    Alain Raes

    Chief Executive, APAC & EMEA

  • Welcome

  • 25 years in India

    SWIFT in India

  • Our commitment

    to India

  • SWIFT India a

    company set up

    by you for you

  • SWIFT India a

    company set up

    by you for you

  • Key Highlights

    38+ million FIN messages per year (2016)

    164+ thousand FIN messages per day (YTD Jan 2017)

    +20.8% Increase in FIN messages per day (YTD Jan 2017)

  • Evolving into a cashless

    economy through innovation

    and digitisation

  • Innovating on

    what you already

    have

  • 10

  • Still reach

    non-initiative

    banks

    Accessible

    by any bank

    Reaching

    any bank

    Tracker

    Directory Observer

    SLA rulebook

    Core transaction banks

    Value-added product suite

    Messaging technologies

    The future of

    cross-border

    payments

    For banks

    11

  • 12

    One year on, here are the achievements

    4,000+ Average live payments / day

    21 Banks successfully piloted

    12 Banks are exchanging live gpi payments for

    their corporate customers

    93 Banks across

    60+ Corridors (e.g. US China; UK Denmark; UK Italy;

    UK Netherlands)

    224 Countries

    75% Of payments traffic on SWIFT represented

    80,000+ Total live payments

  • 13

    A whole new world for banks and corporates

    Confirmation Information

    Speed &

    Transparency

    Certainty

  • Major global transaction banks are live with SWIFT gpi on 16 Feb

  • The two faces of

    digitisation Innovation and Cybersecurity

  • CSP | Framework

    Customer Security Programme

    While all SWIFT customers are

    individually responsible for the security of

    their own environments, a concerted,

    industry-wide effort is required to

    strengthen end-point security

    On May 27th SWIFT announced its

    Customer Security Programme that

    supports customers in reinforcing the

    security of their SWIFT-related

    infrastructure

    CSP focuses on mutually reinforcing

    strategic initiatives, and related enablers

  • Improve information sharing amongst the

    global community

    Enhance SWIFT-related tools for customers

    Enhance security guidelines

    Support increased transaction pattern

    detection

    Enhance support by third party providers

    STREAMS

    Cu

    sto

    me

    r an

    d th

    ird

    pa

    rty e

    ng

    ag

    em

    en

    t

    Pro

    gra

    mm

    e c

    om

    mu

    nic

    atio

    ns

    ENABLERS

    1

    2

    3

    4

    5

    Bu

    ild c

    usto

    mer a

    nd

    3rd p

    arty

    as

    su

    ran

    ce

    fram

    ew

    ork

    s

    E1 E2 E3 CSP Overview

    5 streams + 3

    enablers

    The need to share information

    Customer Security Programme (CSP)

  • CSP | The power of our network

    You

    Your

    Counterparts

    Your

    Community

    Secure

    and

    Protect

    Share

    and

    Prepare

    Prevent

    and

    Detect

    Q

    R

    R

    DVR RMA Third

    Parties

    Intelligence

    Sharing

    CSI

    Forensics

    Security

    Controls

    Assurance SWIFT

    Tools