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SWIFT 2020 Strategy

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BBF2015

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SWIFT 2020 Strategy

  1. 1. Ed Adams Head of Business Development SWIFT
  2. 2. 2020 Strategy Grow the core, build the future June 2015
  3. 3. SWIFT Business Forum Brazil - 1 July 2015 3 Extensive worldwide customer consultation Community Representatives 500+ 70Consultation Meetings 200+Financial Institutions Board Offsite Mar 2014 Consultation Phase1 IR673 Jun 2014 Strategy Exploration March 2014 Assess Options Consultation Phase2 DP183 Dec 2014 Make Choices ER1139 Jun 2015 Strategy Definition June 2014 June 2015
  4. 4. SWIFT Business Forum Brazil - 1 July 2015 4 Momentum from previous strategies 2006-2010 • FIN, InterAct, FileAct growth • 50% Price Reduction • Distributed Architecture • FIN Renewal • HSM Replacement • FIN, InterAct, FileAct growth • 50% Price Reduction • Fixed Fee • Distributed Architecture • 100% FIN Growth • 50% Price Reduction • SWIFTNet Phase 2 • Alliance Lite2 • AMH • Integration services (T2S connector, IPLA) • Alliance Lite • Alliance Integrator • SWIFTNet capabilities to Access • Business Intelligence, SWIFTRef, Sanctions • MIRS • Solutions: TSU, SWIFT Remit, FIX, Proxy voting • Business Intelligence • Solutions: ̶ Cash reporting ̶ E&I 2001-2006 2011-2015 Messaging & Platform Software & Connectivity Shared Services
  5. 5. SWIFT Business Forum Brazil - 1 July 2015 5 Builds on SWIFT’s existing business model Messaging Software & Connectivity Shared Services Standards Platform 200+ Countries and territories 10,800+ Financial Institutions Users 5,6 billion FIN messages per year
  6. 6. SWIFT Business Forum Brazil - 1 July 2015 6 Accounts for numerous external drivers Messaging Software & Connectivity Shared Services Standards Platform Geopolitics Market Drivers Payments Cyber threats Regulation Market Drivers Securities Technology & Innovation
  7. 7. SWIFT Business Forum Brazil - 1 July 2015 7 SWIFT 2020 – Strategic priorities Messaging Software & Connectivity Shared Services Many-to-Many Market Infrastructures CORE COMPLIANCE MIs
  8. 8. SWIFT Business Forum Brazil - 1 July 2015 SWIFT 2020 Strategy has 3 key elements Many-to-Many Market Infrastructures Messaging Software & Connectivity Shared Services 8 Expand and deepen offerings for Market Infrastructures Grow and strengthen core ‘many-to- many’ financial messaging, connectivity and closely adjacent products and services Build our Financial Crime Compliance portfolio to meet the full spectrum of related challenges
  9. 9. SWIFT Business Forum Brazil - 1 July 2015 9 SWIFT 2020 – Strategic priorities Messaging Software & Connectivity Shared Services Many-to-Many Market Infrastructures Financial Crime Compliance utility BI, SWIFTRef, MyStandards Services AMH Alliance Lite2 Integration Services Operational excellence Platform investments Payments and Securities growth Corporates and IMI’s MIRS BI, SWIFTRef, MyStandards Services T2S, CLS, GLI Real-Time Payment Systems HVPMI and CSDs I S O 2 0 0 2 2
  10. 10. SWIFT Business Forum Brazil - 1 July 2015 SWIFT 2020 – Critical Enablers 10 Messaging Software& Connectivity Shared Services Innovation at the Core Customers and Communities Operational Excellence Talent Financial Management
  11. 11. 11 Operational Excellence Security & Resilience Platform Efficiency SWIFT Business Forum Brazil - 1 July 2015 Platform and operational excellence
  12. 12. 12 Critical Enablers Innovation at the Core Platform innovation Product innovation Innotribe SWIFTLab ̶ Evolve messaging platform real-time MIs, driven by New Payments Platform Australia (NPPA) ̶ Industrialise CLS and T2S solutions ̶ Continue to develop products in line with market needs ̶ Emphasis on strong collaboration ̶ Undertake ‘vertical challenges’ ̶ Establish a global network of ‘Heads of Innovation’ ̶ Leverage SWIFTLab for product innovation ̶ Expand SWIFTLab across the regions SWIFT Business Forum Brazil - 1 July 2015
  13. 13. 13 Community Dialogue Geographic Reach Corporate Social Responsibility Customer Centricity SWIFT Business Forum Brazil - 1 July 2015 Customers and Communities
  14. 14. 14 Critical Enablers Talent Source and develop talent to match business needs Develop critical capabilities for the future SWIFT Business Forum Brazil - 1 July 2015
  15. 15. SWIFT Business Forum Brazil - 1 July 2015 15 Pricing – Committed to decrease messaging unit cost 26.03 23.92 19.93 17.5 13.15 10.97 9.08 7.4 6.12 5.4 4.32 4.12 3.48 2.52 2.32 0 5 10 15 20 25 30 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Average Message Price Evolution (EUR cents per kChar) -58% -51% -57% “Collectively, the Community will pay 16% less in 2015 than in 2006 for a volume that has nearly quadrupled”
  16. 16. SWIFT Business Forum Brazil - 1 July 2015 16 ROAD 2020TO

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