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Welcome to SOFA 2013
 

Welcome to SOFA 2013

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    Welcome to SOFA 2013 Welcome to SOFA 2013 Presentation Transcript

    • Focus on Fundamentals Chris Church CEO SWIFT Americas SWIFT Operations Forum Americas - March 5, 2013 1
    • What’s New in 2013? Conference New Format: Center 1 Day+ Venue Lower Standards price Forum SWIFT Operations Forum Americas - March 5, 2013 2
    • Standards Forum hosted by the Federal Reserve Bank You must be registered Please allow extra time to check in SWIFT Operations Forum Americas - March 5, 2013 3
    • Today’s Agenda Technology Plenary Update Javier Perez Tasso, SWIFT (Moderator) David Saul, State Street Lee Fulmer, J.P.Morgan Ulrich Homann, Microsoft Worksessions Payments Plenary James Malick, Boston Consulting Group (Moderator) Thomas Halpin, HSBC Networking Michael Kolman, General Motors Cocktail Ebru Pakcan, Citi Transaction Services SWIFT Operations Forum Americas - March 5, 2013 4
    • Special thanks to our Sponsor SWIFT Operations Forum Americas - March 5, 2013 5
    • SWIFT Update SWIFT Operations Forum Americas - March 5, 2013 6
    • SWIFT Update Applications: Messaging/Standards • Sanctions • Payments / Securities • Business Intelligence • Market Infrastructures • SWIFTRef • Corporate Treasury • Matching Platform Connectivity • FIN renewal • Alliance Lite2 • HSM Refresh • Alliance Access • Distributed • AMH Architecture SWIFT Operations Forum Americas - March 5, 2013 7
    • Platform Projects FIN Distributed HSM Renewal Architecture Refresh SWIFT Operations Forum Americas - March 5, 2013 8
    • SWIFT Connectivity Offering Alliance Messaging Hub (AMH) AdvancedFunctional requirements Alliance Access Medium Basic Alliance Lite2 Small Medium Large Size / Msg. volumes SWIFT Operations Forum Americas - March 5, 2013 9
    • Alliance Lite2 Integrated Usage-based Service pricing offering “The easiest way to connect to SWIFT” Full-featured, Light footprint secure & reliable SWIFT Operations Forum Americas - March 5, 2013 10
    • Messaging for Market Infrastructures:Connectivity, standardization and interoperability for the community SWIFT Operations Forum Americas - March 5, 2013 11
    • SWIFT Applications:Helping you achieve your business objectives Sanctions Business MyStandards Intelligence LEI/CICISWIFT Operations Forum Americas - March 5, 2013 12
    • Excellence through hard work, focus & collaboration SWIFT Operations Forum Americas - March 5, 2013 14
    • Excellence through hard work, focus & collaboration SWIFT Operations Forum Americas - March 5, 2013 15
    • SWIFT: a view from the ChairmanYawar ShahChairman, SWIFT
    • Cyber-crimeSWIFT Operations Forum Americas - March 5, 2013 17
    • SWIFT strategy evolving to help industry withchallenges and opportunities Cyber- Asian Regulation crime Growth SWIFT Operations Forum Americas - March 5, 2013 18
    • From Telex to the Society for Worldwide Inter-bank Financial Telecommunication (S.W.I.F.T)SWIFT Operations Forum Americas - March 5, 2013 19
    • 1973 239 member banks found SWIFT 1977 SWIFT goes live 1978 SWIFT message total surpasses 10 million 1983 SWIFT gets itsSWIFT Operations Forum Americas - March 5, 2013 1,000th member 20
    • 1989 SWIFT II 1994 Alliance Access launched 2001 2006 SWIFTNet Corporate goes live membership approved 2010 Largest Sibos ever (Amsterdam)SWIFT Operations Forum Americas - March 5, 2013 21
    • SWIFT remains in excellent shape in 2013 • Financials • Management • Technology • Operations • Governance SWIFT Operations Forum Americas - March 5, 2013 22
    • SWIFT traffic growth:Off to a strong start in 2013 12 10.1 9.9 10 9.6 8 7.2 6.2% 6 4 3.6 2 0 2008 2009 2010 2011 2012 2013 YTD -2 -2.4 -4 % growth SWIFT Operations Forum Americas - March 5, 2013 23
    • Traffic growth results in continued cost reduction 50 5,000 45 1991-2013 4,500 Price reduction: -88% 40 Volume increase: 12.5x 4,000 35 3,500 30 3,000 25 2,500 20 2,000 15 1,500 10 1,000 5 500 0 0FIN Price before rebate FIN Traffic(EURcent / msg) (Millions of msgs) SWIFT Operations Forum Americas - March 5, 2013 24
    • Operational Excellence is at the heart ofSWIFT’s mission Security Service Resilience Performance Availability Reliability SWIFT Operations Forum Americas - March 5, 2013 25
    • But SWIFT must remain ever-vigilant: 1 Earn the right to be your service provider C 2 Create relevant offerings in existing & new areas O 3 Focus on availability & threat of cyber-crime R E 4 Partner with other Market Infrastructures SWIFT Operations Forum Americas - March 5, 2013 26
    • Governance and oversight• SWIFT is a global cooperative owned and In 2012 operated by financial institutions • Gottfried Leibbrandt appointed CEO in July• Board of Directors • 7 new Board directors appointed:• Governance ensures SWIFT is: – Yves Baguet, Clearstream, Luxembourg – Well run & transparent – Mark Buitenhek, ING, Netherlands – Rigorous – David Cyr, RBC, Canada – Meets needs of community & regulators – Marcel Jongmans, ABN Amro, Netherlands – Ulrich Stritzke, Credit Suisse, Switzerland• Oversight: G10 regulators – Yongli Wang, Bank of China – Bhavesh Zaveri, HDFC Bank, India • SWIFT Operations Forum Americas - March 5, 2013 • 27
    • Thank youSWIFT Operations Forum Americas - March 5, 2013 28