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MyStandards
Better standards management
for the community
Kiyono Hasaka & Tom Alaerts
SWIFT Standards
kiyono.hasaka@swift.com
tom.alaerts@swift.com
2
Automation of
business processes
Standards
3
… keep track of changes and
assess impact of releases ?
… understand and find
all standards-related
information ?
… efficiently implement
standards ?
… describe, document &
maintain usage guidelines ?
How to….
Time consuming
Prone to errors Resource-intensive
Costly
Managing standards – challenges….
MyStandards
… a collaborative
web platform
to better manage
standards definitions
and usage
in the financial industry
Content
Features
Managing standards with MyStandards
4
Implement
Publish
Analyse
Capture guidelines
Collaborate
Browse
5
MT / MX / ISO 20022
Usage guidelines
Base Standards:
MT/MX/ISO 20022
Global market practices
Local market practices
Bilateral guidelines
Internal specifications
SWIFT
ISO
20022
Market
practice
groups
Financial
institutions
Market
infrastructures
Contributors
Content
Centralize all of your standards-related
information on-line
6
Demo
7
Bank
guidelines
National and regional
guidelines
Common Global Implementation
guideline (CGI Template)
ISO 20022 standard and business model
(Message Definition Report)
Derived
From
Consistent
With
MyStandards contains more than base standards
8
9
Features
Browse MT, MX and
all shared usage
guidelines in a
common way
Find all the information
included in the UHB
and much more….
Search messages and
usage guidelines
Browse
Browse and search content in a common, structured way
Demo
10
11
Features
Publish
Generate and publish documentation without manual intervention
Generate user-friendly
PDFs for MT and MX
Generate Excel-sheets
for MT and MX
Generate practical
Excel-sheets for
version comparisons
Generate customized
PDFs for
usage guidelines
Generate Excel-sheets
for usage guidelines
Common way of publishing
information for MT and MX
Demo
12
13
Features
Analyse
Analyse, compare and assess immediately and efficiently
Compare message versions
and export to Excel
Compare and harmonize
usage guidelines
Assess release impact
on usage guidelines
Manage standards releases
efficiently
Consult change requests
and business drivers
on-line
Demo
14
15
Features
Implement
Generate processable output for efficient implementation
Use a single technology
approach for MT and MX
Use schema’s to
validate structure
& syntax
Allows you to process
traditional MTs using
commodity XML tools
and XML APIs
Generate schema’s for
new releases fast
Generate
market practice
schema’s
Generate schema’s
for MT and MX
Demo
16
17
Collaborate
Collaborate, share, comment and control using a single platform
Share comments on drafts and
reduce development time
significantly
Share and control
access to your
usage guidelines
Customize your
own workspace
Share ideas and shape the
evolution of MyStandards
Consult the directory
and request affiliations
Demo
18
MyStandards
2. Analyse
1. Browse
3. Publish
4. Collaborate
5. Implement
Standards
Editor
3a. Browse
3b. Capture
3c. Edit
Off-line – Local PC
On-line – Web Browser
Capture guidelines
Upload
20
Features
Create conditional and
usage rules
Add usage comments
Push rules to
multiple elements
Restrict code lists
Change
multiplicities
Describe
which elements to use
and much more ….
With the off-line
Usage Guidelines
editor
Capture guidelines
Capture and maintain guidelines in a formal, consistent way
Demo
21
22
Corporates
Correspondents
Market Infrastructures
ETDA Market Practice Group
Share input and feedback
Centralize all information
Generate market practice doc
(if licensed) Generate market practice schema’s
Assess release impact
Centralize all information
Generate MI doc and schema’s
Assess release impact
Provide formal specs
using a consistent approach
Analyse release impact
Generate documentation
Generate schema’s
Provide customized, formal specs
using a single platform
Overview
Value for financial institutions
23
Centralize all of
your standards-
related informationSimplify creation
and publication of
customer and
internal guidelines
Automate analysis
and release
management
Accelerate
implementation
Control
and improve
your standards
usage and
management
Value for ETDA & other market practice groups
24
final version
Explore
opportunities for
harmonizationShare and publish
market practices
on-line
Formally capture
and maintain your
market practices
Share and
centralize feedback
on-line
Streamline
your
market practice
management
From draft to
Available licences
25
Content and basic features
Analytical
framework
PDF generationCollaboration
MT/MX/
ISO 20022
Public &
shared usage
guidelines
Advanced features
Capture &
maintain
guidelines
Browsing
Excel &
schema
generation
Premium
service
Basic
service
Register for free license,
upgrade when you want
Explore MyStandards now
26
www.swift.com/mystandards
MyStandards@swift.com
tom.alaerts@swift.com
27
1
Log in
with your
swift.com
credentials
or register
as a new
user
2
Browse
the
base
standards and
public market
practice
information
3
Contact us
if you like
to evaluate
the platform
for your
organisation
Coming next: MyStandards Readiness Portal
28
Internet
Portal
Publish
specifications
Test against
specifications
Publish test
libraries
Monitor process (dashboards)
Use test
libraries
YOU YOUR
CUSTOMERS
SWIFT
MT
ISO
20022
Benefits MyStandards Readiness Portal
• Onboard new customers faster
• Deploy new services faster
29
REVENUE ACCELERATION
COST SAVINGS
CONTROL
• Manage onboarding life-cycle
– Better accuracy, consistency and predictability
• Shared view with your customers
• Customer self-service model
– Offloads support team
• Early detection of problems
– Reduce expensive end-to-end testing cycles
• Easier maintenance of test libraries
– Completeness tests, impact analysis…
Q&A
30

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1 mystandards etda for printing1

  • 1. MyStandards Better standards management for the community Kiyono Hasaka & Tom Alaerts SWIFT Standards kiyono.hasaka@swift.com tom.alaerts@swift.com 2 Automation of business processes Standards
  • 2. 3 … keep track of changes and assess impact of releases ? … understand and find all standards-related information ? … efficiently implement standards ? … describe, document & maintain usage guidelines ? How to…. Time consuming Prone to errors Resource-intensive Costly Managing standards – challenges…. MyStandards … a collaborative web platform to better manage standards definitions and usage in the financial industry Content Features Managing standards with MyStandards 4
  • 3. Implement Publish Analyse Capture guidelines Collaborate Browse 5 MT / MX / ISO 20022 Usage guidelines Base Standards: MT/MX/ISO 20022 Global market practices Local market practices Bilateral guidelines Internal specifications SWIFT ISO 20022 Market practice groups Financial institutions Market infrastructures Contributors Content Centralize all of your standards-related information on-line 6
  • 4. Demo 7 Bank guidelines National and regional guidelines Common Global Implementation guideline (CGI Template) ISO 20022 standard and business model (Message Definition Report) Derived From Consistent With MyStandards contains more than base standards 8
  • 5. 9 Features Browse MT, MX and all shared usage guidelines in a common way Find all the information included in the UHB and much more…. Search messages and usage guidelines Browse Browse and search content in a common, structured way Demo 10
  • 6. 11 Features Publish Generate and publish documentation without manual intervention Generate user-friendly PDFs for MT and MX Generate Excel-sheets for MT and MX Generate practical Excel-sheets for version comparisons Generate customized PDFs for usage guidelines Generate Excel-sheets for usage guidelines Common way of publishing information for MT and MX Demo 12
  • 7. 13 Features Analyse Analyse, compare and assess immediately and efficiently Compare message versions and export to Excel Compare and harmonize usage guidelines Assess release impact on usage guidelines Manage standards releases efficiently Consult change requests and business drivers on-line Demo 14
  • 8. 15 Features Implement Generate processable output for efficient implementation Use a single technology approach for MT and MX Use schema’s to validate structure & syntax Allows you to process traditional MTs using commodity XML tools and XML APIs Generate schema’s for new releases fast Generate market practice schema’s Generate schema’s for MT and MX Demo 16
  • 9. 17 Collaborate Collaborate, share, comment and control using a single platform Share comments on drafts and reduce development time significantly Share and control access to your usage guidelines Customize your own workspace Share ideas and shape the evolution of MyStandards Consult the directory and request affiliations Demo 18
  • 10. MyStandards 2. Analyse 1. Browse 3. Publish 4. Collaborate 5. Implement Standards Editor 3a. Browse 3b. Capture 3c. Edit Off-line – Local PC On-line – Web Browser Capture guidelines Upload 20 Features Create conditional and usage rules Add usage comments Push rules to multiple elements Restrict code lists Change multiplicities Describe which elements to use and much more …. With the off-line Usage Guidelines editor Capture guidelines Capture and maintain guidelines in a formal, consistent way
  • 11. Demo 21 22 Corporates Correspondents Market Infrastructures ETDA Market Practice Group Share input and feedback Centralize all information Generate market practice doc (if licensed) Generate market practice schema’s Assess release impact Centralize all information Generate MI doc and schema’s Assess release impact Provide formal specs using a consistent approach Analyse release impact Generate documentation Generate schema’s Provide customized, formal specs using a single platform Overview
  • 12. Value for financial institutions 23 Centralize all of your standards- related informationSimplify creation and publication of customer and internal guidelines Automate analysis and release management Accelerate implementation Control and improve your standards usage and management Value for ETDA & other market practice groups 24 final version Explore opportunities for harmonizationShare and publish market practices on-line Formally capture and maintain your market practices Share and centralize feedback on-line Streamline your market practice management From draft to
  • 13. Available licences 25 Content and basic features Analytical framework PDF generationCollaboration MT/MX/ ISO 20022 Public & shared usage guidelines Advanced features Capture & maintain guidelines Browsing Excel & schema generation Premium service Basic service Register for free license, upgrade when you want Explore MyStandards now 26 www.swift.com/mystandards MyStandards@swift.com tom.alaerts@swift.com
  • 14. 27 1 Log in with your swift.com credentials or register as a new user 2 Browse the base standards and public market practice information 3 Contact us if you like to evaluate the platform for your organisation Coming next: MyStandards Readiness Portal 28 Internet Portal Publish specifications Test against specifications Publish test libraries Monitor process (dashboards) Use test libraries YOU YOUR CUSTOMERS SWIFT MT ISO 20022
  • 15. Benefits MyStandards Readiness Portal • Onboard new customers faster • Deploy new services faster 29 REVENUE ACCELERATION COST SAVINGS CONTROL • Manage onboarding life-cycle – Better accuracy, consistency and predictability • Shared view with your customers • Customer self-service model – Offloads support team • Early detection of problems – Reduce expensive end-to-end testing cycles • Easier maintenance of test libraries – Completeness tests, impact analysis… Q&A 30