ISO 20022 Adoption Trends

ISO 20022 Adoption

Trends

1 – 2 September 2015

Luis Alberto Fernandez, ACH Colombia

Omar Lago-Rodriguez, SWIFT Americas

Simultaneous

translation

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2

Market Infrastructures – Global ISO 20022 adoption

SWIFT Latin American Regional Conference 1-2 September 2015

200 initiatives Under discussion > planned > rollout > live

90 countries

FX

Europe Asia Pacific

Americas

ISO 20022 adoption - context

Europe Asia Pacific

Americas

Middle East & Africa

Market

infrastructures T2S

As of 2015

Settlement & reconciliation

CSDs and NCBs communicating with T2S

CSD and NCBs

Services to customers

VP Securities DK, NBB BE, Euroclear ESES & FI

2015

TARGET2

EURO1/STEP1

High-value payment systems

Close to 1000 member banks

2017

Payments

systems in CH

All payment systems and instruments

Regional integration

Spill-over

Oversight pressure

As of

2016

3


Europe Asia Pacific

Americas


Market

infrastructures Jasdec

Live since 2014

ASX

Corporate Actions

New announcement service

AU-NPP

Real-time payments

New services to customers

2017

Brunei

New RTGS system

New services

Internationalisation


Live since

end 2014

Settlement & reconciliation

Live since 2014

Additional plans for post-trade with TSE

Part of ASEAN integration

4


Europe Asia Pacific

Americas


Market

infrastructures DTCC

Live since 2011

Galgo (BR)

Investment Funds

Automation

CPA

All payments systems

New services to customers

Date to be confirmed

US

Business case assessment

New services

Automation

Transformation

Under discussion

Securities transformation

Live since 2011

Corporate Actions

Roadmap setting

5


Europe Asia Pacific

Americas


Market

infrastructures SADC

As of 2015


Renewal of legacy systems

New services

13 countries in Africa

Low-value payments

Mobile-to-mobile payments

Potential securities initiatives

Other initiatives

Jordan

South-Africa

6

FI customers Example: ISO 20022 adoption by

Corporates

7

FI customers -

Corporates needs

550+ Corporates on SWIFT exchange ISO 20022-based transactions with

their banks

One single standard used by banks globally

More data & information – better reconciliation process,

STP processes, extended local characters

Encourage innovation: flexible & agile platform

Comply with regulations > Europe: SEPA

Triggers for adoption

ISO 20022 enables new services in the C2B space

8

…

Bank Services Billing

Mandate Management [e-Bam]

Supply Chain & Trade Finance [BPO]

Remittance information

Concentration Services for Corporates

…

FI customers -

Corporates needs

Comprehensive information

Well structured but flexible messages

Rich and logical format

It enables banks to unlock

new information-based services

A bank’s ISO 20022 landscape

Your participation to

Market

Infrastructures

2017 2016 2015 Step2

EURO1/

STEP1

Baltic CSDs

ACH CENIT (CO)

Securities

2018

& beyond

Payments

9

Impact?

Different timelines

Different scopes

Different sets of messages

Different market practice

Different MI adoption

strategies

Different roll-out

approaches

A bank’s ISO 20022 landscape

Your participation to

Market

Infrastructures

2017 2016 2015 Step2

EURO1/

STEP1

Baltic CSDs

ACH CENIT (CO)

Securities

2018

& beyond

Your customers

(corporates and banks)

2016 2017 2015 2018

& beyond

Payments

10

SWIFT Latin American Regional Conference 1-2 September 2015 11

Questions.


Digi-voting


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satisfaction with this session.

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13


On a scale of 1 to 5 please rate your level of

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Agenda what’s next

• Coffee Break SWIFT Lab: 11:00 – 11:30

• Back here: 11:30

Sponsored by:

www.swift.com


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ISO 20022 Adoption Trends

Economy & Finance

Transcript of ISO 20022 Adoption Trends