Benelux forum 2014 - Introduction

19 March 2014

Benelux Forum

Saskia Devolder

Head of SWIFT Benelux and France

SWIFT’s vision

To be the global financial

community’s foremost

messaging infrastructure

that is lowest risk and

highest resilience.

SWIFT Benelux Forum - 20130319 2

2013 Great year for SWIFT

SWIFT Benelux Forum - 20130319

FIN Traffic

+10.8%

FIN & SWIFTNet

100% availability

Good take

up new

products

3

Financial impact for the customers

Point to Point

discount for

10 million €

Rebate

10%

Average 20% FIN price reduction

starting January 2014


5

100%

132%

162% 173%

195%

224%

239%

272%

297%

100% 103% 100% 95% 93% 86% 88% 87% 81%

100%

27%

0%

20%

40%

60%

80%

100%

120%

0%

50%

100%

150%

200%

250%

300%

350%

2006 2007 2008 2009 2010 2011 2012 2013 FYestimate

2014 FYEstimate

traffic evolution (Kchar) messaging revenue evolution unit cost evolution (2nd axis)

2006 is used as base year (100%). 2013 full year estimation is a lineair projection based on the months available.

Figures are after Fixed Fee, after discount for High Volume Connections (including estimate for 2013 and 2014) and before Rebate.

Traffic is expressed in kilo characters, and is the combination of FIN, InterAct (including CREST) and FileAct (Kchar after compression).

73% Unit cost reduction over 9 years


On track to meet the 2015 Pricing challenge

7.89

6.32 6.30

5.65 5.70

4.68

3.86

5.40

4.33 4.13 3.77

3.30

0

1

2

3

4

5

6

7

8

9

2010 2011 2012 2013 2014

Eurocent/kChar

FIN FIN after Price Red. Total Total after Price Red.

-39.0%

6

FIN and Total Average Message Price Evolution


Enabling Interoperability and TCO reduction

Services Interface Hosting

High-end Interfaces

Low-end Connectivity

Go Local

Deepening the Core Custody &

Asset Servicing RTGS Corporates

Correspondent Banking

Clearing & Settlement

Expanding the Core

Reference Data

Matching Sanctions

Enabling Transformation

Platform Brand Innovation People CSR

SWIFT 2015


SWIFT2015 Refocused

not only products but also Services to create a full offering

Compliance Project

Focus

Asia Pacific

Domestic

Market

Alliance

Managed

Operations


Focus: our current compliance initiatives

9

Payments

data quality

assessment

FATF rec 16

Business intelligence for Compliance

Sanctions list service

Sanctions KYC AML

Processing

services

Traffic

analysis

Standards

Data

repository

KYC registry on

SWIFT

membership

AML testing &

tuning Screening Testing Traffic restriction

(RMA)

Exploration

qualification

Development

Live


Board meeting Off-site

• 2014 is the year of the final stretch for our SWIFT2015 strategy and

when we also start looking over the horizon towards 2020

• This Board meeting is a Board offsite dedicated to evaluating our

progress on SWIFT2015, taking first steps in exploring SWIFT2020

and planning for the engagement of our community on SWIFT2020

later in the year

Financial

Crime

Compliance

Real-time

payments

Corporates

Person-to-

Person

payments

Securities


+ Update on technology trends and geo-political risks


Wednesday 19 March 2014

10:00 – 10:30 Arrival and Coffee

10:30 – 11:00 Welcome and Opening remarks

11:00 – 12:00 Regulatory Update

12:00 – 12:45 Reducing TCO with new Interfaces and Connectivity Options

12:45 – 13:45 Lunch

13:45 – 14:30 Are you ready for T2S?

14:30 – 15:15 ISO20022 for payments (and a bit more) – where are we at?

15:15 – 16:00 Coffee break and networking

16:00 – 16:45 LEI update

16:45 – 17:30 SWIFT at your service – an update on Consulting, Training and Support

17:30 – 18:00 SWIFTRef – what is new in 2014?

18:00 – 18:15 Closing remarks Day 1 and introduction to Day 2

18:15 – 20:00 Drinks and walking dinner


Thursday 20 March 2014

08:30 – 9.00 Arrival and coffee

09:00 – 09:45 Sanctions Screening Alliance Lite 2

09:45 – 10:30 KYC Registry Alliance Converter

10:30 – 11:00 Coffee Break

11:00 – 11:45 Sanctions Testing Alliance Remote Gateway & Alliance Managed

Operations

11:45 – 12:30 Compliance Analytics Alliance Lifeline

12:30 – 13:30 Lunch

13:30 – 14:15 Intraday Liquidity SWIFT Business Continuity

14-15 – 15:00 MyStandards How the ASP model changes the corporate-t—bank

landscape

15:00 – 15:30 Closing Remarks

Benelux forum 2014 - Introduction

Economy & Finance

Transcript of Benelux forum 2014 - Introduction