First, Second, and Third Generation Islamic Economicss
How can SWIFT services help you build your implementation roadmap?
1. ISO 20022 – SWIFT Services offering
New York
Malene McMahon
Patrik Neutjens
12 May 2016
for
ISO 20022
2. ISO 20022 impact assessment
Design to-be model
Make an overview of
the initiatives
1
Identify and involve
all stakeholders
2
Review As-is3
Gap analysis4
Consider
implementation options
5
6
What are the gaps to be addressed
and what are the constraints
Work out implementation
plans (iterative process)
Understand impact on business applications,
shared services, infrastructure and integration
Get visibility on current and future ISO 20022 initiatives in
other geographies & business areas
Address current and future
requirements by leveraging technology
Translation at the edge, core
system revamp, silo based …
Engage with all stakeholders across business lines and
departments to ensure a holistic view
Roadmap for
implementation
7
3. Recommended
actions &
Implementation
Roadmap
Analyse
As Is Operating
Model
Establish
ISO 20022
Landscape
Benchmark against
discussed ‘Ideal
Solution’
• External ISO 20022
Market Initiatives
landscape
• Inventory
ISO 20022 internal
landscape
• Customized
ISO 20022
impact overview
>>
Your landscape
Assess ‘as is’ considering:
• products / functions
• (internal) customers
• network and interface
gaps
• flows
• counterparties
• Prepare and
present findings,
conclusions
and high level
recommendations
• Identify gaps towards
ideal solution
• Identify secondary effects
• Establish recommended
target operating model
• Evaluate and prioritize
• Define recommended
implementation roadmap
Workshop with key people
Analysis of documents
Interviewing key people
H
o
w
Best & International Practices
ISO 20022 impact assessment service
Build a strategic roadmap for your organization
4. Governance, process flows
Build on ISO 20022 business model
Sizing of systems and connections,
Recovery and resiliency
Middleware, manual processing,
connectors & converters
Design your strategic ISO 20022 infrastructure by
applying an enterprise architecture approach, putting
four views on an organisation together
Business
processes &
activities use..
Data
that must be
collected,
organized,
safeguarded,and
distributed using..
Applications
such as custom or
off-the-shelf
software tools that run on…
Technology
such as computer systems and
networks
ISO 20022 solution design service
5. Adopt and Implement the best practice for ISO 20022 on SWIFTNet
adopt
Network providerDesign
Solution Design
learn Training
implement
Training
Analyse
Impact assessment
Integrate
Interfaces and
integrations products
Manage
MyStandards
use
Training
Starter Sets for MIs
SWIFTNet: Best practice processes and automation for implementation,
testing, deployment and maintenance
ISO 20022 Harmonisation Charter