ARC 2015 Business Intelligence SWIFT

Business Intelligence The competitive advantage of transforming data

into actionable business insights

African Regional Conference Thierry Chilosi

May 2015 Head of Banking Initiatives

South Africa [email protected]

mailto:[email protected]

SWIFT Business Intelligence - African Regional Conference 2

Agenda

2. BI insights for Africa – de-risking/traffic growth

3. Relevant business insights for more informed decision making

4. BI Solutions - for commercial and central banks

1. Business Intelligence within Swift


1. Business Intelligence within Swift

Swift Business Intelligence products & services support various business lines and give

opportunities to optimise functions and understand where business growth sits in the market

3

Economics

BI for

Compliance

Services

RMB tracker

Products

Global

Transaction

Banking

Compliance Securities Treasury

SWIFT Index

Currency Index

Watch Value

Analyser

Watch

Securities

Analyser

SWIFT Scope – On-site

Business Intelligence

Workshops & Training

Enriched Watch

data

Watch Insight

Existing

Exploration

Development

Central banks

Peer

benchmarking

Corporate

report

Peer

benchmarking

2. BI insights for Africa – de-risking

4 SWIFT Business Intelligence - African Regional Conference

The number of net new RMA relationships is going down worldwide – banks are closing

down relationships in order to drive risks down and comply with regulatory requirements

Especially European banks seem to be closing down correspondent relationships

2012-2013: - 31%

2013-2014: - 48%

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Cross-border MT103 traffic sent from Africa to geo regions in the world

Q1 2013 to Q1 2014 total

volume growth: 6,31%

Q1 2014 to Q1 2015 total

volume growth: -0,68%

North America

Europe – Euro Zone

2. BI insights for Africa – traffic growth

¨Cross-border payments growth seems to be slowing down in Africa – the decline of traffic to

North America is most revealing – Impact of stricter regulation?

SWIFT Business Intelligence - African Regional Conference

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MT103 traffic sent from selected

countries to the world

2. BI insights for Africa – domestic/international

High discrepancy between domestic and cross-border traffic growth in some of the main

African economies


Market evolution – which region offers best

potential for trade finance business development and

confirmed LC’s?

Customized reporting – RMA analysis: deep dive

into your banking relationships over SWIFT and traffic

activity attached

Market evolution – example: which region

offers best potential for trade finance business

development and confirmed LC’s?

Market share – how are you performing

compared to your peers in the country?

Example: Denmark

Compliance Analytics – Spot anomalies in your

correspondent behaviour and track activity with high-risk

countries

3. Relevant business insights for more informed

decision making


Consulting services helping

you to leverage the full

potential of WATCH products

Consulting services

providing more information –

e.g. peer benchmarking,

enriched data, workshops,…

4. BI solutions - for commercial banks

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WATCH Insights

WATCH Analyser

Business Intelligence

Services

Reports focusing on four

specific business domains:

Trade Finance, Payments,

Network management,

Operations

Subset of data

Interactive database with

possibility to build customized

reports

Complete set of data with

value and currency or only

number of transactions


Volume Value

For 1 BIC8

For group

CPD



CA

CORRGB2L

BANKCHZZ

YE

ORIGCATT

BENEYESA

today

ER1136

100 MT103

Total value:

1,845,000 USD

100 MT103

Total value:

1,845,000 USD

(1):20:ACT3809538

(2):20:TREAS94029

…

(100):20:SECU8427

Compliance Analytics: Leveraging SWIFT traffic data for risk monitoring



Compliance Analytics: analyse your Swift traffic in depth, and linked to

Sanctions, different risk assessment parameters & your open RMA’s

Did I open RMA’s

with counterparties

in a specific

country?

Example: Specific Correspondent Risk assessment Where are payments originating from? Ending up in?

1. What are the higher risk

originating countries?

2. Which of my affiliates are

involved in these flows?

3. What are the ultimate

beneficiary countries?


4. BI solutions - for central banks

Visualisation: Real-time monitoring,

deeper analysis, customised

reporting (liquidity, trends &

forecasts)

Data capture in real-

time: Via FinInform service

Central

Bank

Bank Bank

Data transformation

& parsing: Via IPLA and Integration

services – different info

sources in 1 central DB

Database

Efficient and cost effective way to monitor market activities supporting risk management,

supervision and regulatory reporting


Thank you

ARC

SWIFTRef

Cape Town, South Africa

May, 5 – 7, 2015

Visit us at www.swift.com/swiftref

Agenda

SWIFTRef : Positioning.

SWIFTRef: What’s upcoming?

SWIFTRef Ambassador Programme

Who’s the AUD-correspondent of China

Everbright Bank?

What is the CHIPS id of First National Bank?

Is this BIC still active?

Customer needs..

Is it a bank holiday in Canada?

What is the national clearing/sort code of

Bank of Thailand?

What is the BIC of Banco Real in Argentina?

Where can I find the currency code for

the Columbian Peso

What is the financial situation and credit

rating of Oberbank in Austria?

Is this IBAN valid?

Data collection and maintenance,

community collaboration

SWIFTRef

Central Banks and

Banking associations

Financial institutions

SWIFTRef users

MI LOU

Providers of financial info and ratings

SWIFT

IBAN format (ISO13616) BIC (ISO9362) MT103+

Bank financials & ratings, country economics

LEI FI’s membership

SEPA, IBAN, SSI

National codes, IBAN

Feedback

! PAK

Payments Plus

IBAN & SEPA DATA • Validate IBANs and BIC codes • Find BICs from IBANs • Construct IBANs from BBANs • Find the best routing path for a

beneficiary bank (SEPA) • Find the adherence to SCT, SDD-B,

SDD-C schemes

BANK DATA • Identify Financial Institutions • Find or cross-reference

identifiers • Validate bank details • Understand bank hierarchy • Find history of BICs

SWIFTRef files-portfolio

Bank Directory Plus

BIC Directory

BIC Archive

BIC to LEI

IBAN Plus

SEPA Plus

SSI Retail

SSI Wholesale

SSI Plus

SSI DATA • Find the correspondent bank • Find the intermediary bank • Scope = commercial payments,

FX, MM

SWIFTRef portfolio today

BANK DATA • Identify Financial Institutions • Find or cross-reference identifiers

(BIC, LEI, CHIPS, national IDs,…) • Validate bank details • Understand bank hierarchy • Find financial data, credit ratings, ownership,

contacts and more

IBAN & SEPA DATA • Validate IBANs and BIC codes • Find BICs from IBANs • Construct IBANs from BBANs • Find the best routing path for a beneficiary

bank (SEPA) • Find the adherence to SCT, SDD-B, SDD-C

schemes

SSI DATA • Find the correspondent bank • Find the intermediary bank • Scope = commercial payments, FX, MM

All the data you need - Online

- Easy to use - Any time

SWIFTRef portfolio today

SWIFT Broadcasts • Find all broadcast

messages sent since 2009

• Searchable by Sender name, BIC, Category (e.g. Mergers), Time period …

Historic BIC DATA

• Find all historic changes related to a BIC (since 1 Nov. 2007)

• Find all newly added and deleted BICs

• Get a daily BIC email alert, advising on inter-month changeschanges

MT094 Online BIC Archive Online Bankers World Online

SWIFTRef Online

SWIFTRef Online portfolio

http://www.swift.com/SWIFTRef

New in the SWIFTRef Portfolio

The SWIFTRef

Platform as a Service

Directory Services

Repositories

Data management

Registration Services

MI directory design

A world of possibilities

Leveraging the SWIFTRef platform to deliver World

Class Directory and Data Solutions

New – Platform as a Service

Upcoming SWIFTRef event

SWIFTRef workshop for the South African Community

Johannesburg

Week of June 8th

Invitation to come !

Further information

Generic presentation Brochure Factsheets in multiple

languages Data collection &

maintenance overview Case studies Generic + Product videos

SWIFTRef website • Technical

specifications! • Sample files • Release letter • Frequently Asked

Questions • License Agreements • Webinar recordings

www.swift.com/SWIFTRef

http://www.swift.com/SWIFTRef

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Thank you!

ARC 2015 Business Intelligence SWIFT

Technology

Transcript of ARC 2015 Business Intelligence SWIFT