SWIFT Payments market infrastructures. Christina Hutchinson Director SWIFT South Latam Region November, 2009

Transcription

1 SWIFT Payments market infrastructures Christina Hutchinson Director SWIFT South Latam Region November, 2009

2 About SWIFT A co-operative organisation serving the financial industry A provider of highly secure financial messaging services The financial standardisation body

3 About SWIFT 8,740 participants in 209 countries Resilience, reliability, non-repudiation 3.5 billion messages/year Latest Peak day: 17.5 mm messages % availability 24/7/365 Follow the sun Support

4 SWIFT - offering and position Global Reach: More than 60 HVPS serving more than 90 countries, from 500 to over 300,000 payments per day Very strong market presence for banks: Large=95%, Medium=90% Small=40% Communication infrastructure between the banks and the Central Bank as prime connectivity channel for RTGS and ACH globally

5 SWIFT Platform Standards (MT/MX- ISO 15022/ISO 20222) through the complete payment process chain Directories & Information services Messaging services FIN, FileAct, Interact Interfaces (SAG, SAS, SAA) Secure IP Network Secure, reliable and resilient platform Testing services

6 SWIFT for high and low value Securities MI Central bank High-value payment MI Govt entities SWIFT offering in HVP Messaging platform and standards supporting Payments processing Cash management Reference data Reporting Flows between the MI and its participants Financial institutions Ancillary systems Participants Direct Participants Indirect Participants Low-value payment MI ACH SWIFT offering in LVP Messaging platform and standards supporting The processing and the exchange of Low Value Payments flows between The MI and its participants, or Participants in bilateral Use of File Act (mostly for debit and credit transafers)

7 SWIFT for high and low value

8 Key Benefits Business Drivers What do we offer? Resiliency & security compliance Support time critical payments High available, predictable and secure messaging services, with % of uptime Cost efficiency Trade-off between risks and costs Lower cost and lower risk than alternatives Re-usable infrastructure for participants Harmonized connectivity Single Window concept FIN-Copy Use of ISO standards File Act for bulk payments Comprehensive solution Better control Provide real-time information support Support cash management flow Support reporting and reporting flows Set up a Closed User Group

9 Connectivity Options Private infrastructure SWIFTNet connectivity infrastructure owned and operated by the customer Users Apps VPN Internet SWIFTNet Flexibility and control Shared Infrastructure SWIFTNet connectivity infrastructure owned and operated by third party Users Apps Shared infra VPN Outsource SWIFTNet provider Alliance Lite Simplified, Internet based, secure connectivity, more business oriented Users Apps Internet Easy and light SWIFTNet

10 New customers Alliance Lite Alliance Lite Simplified, Internet based, secure connectivity, more business oriented Users Apps Internet SWIFTNet Alliance Lite For corporates and small financial institutions Easy to order, install and use Internet based with SWIFT security GUI and AutoClient, FIN and FileAct enabled Pricing Fixed fee recurring 10.2 KEUR or pay-as-you-go 2.4 KEUR + 1 EUR per message

11 HVP Market Infrastructures Live Albania Algeria Angola Australia Azerbaijan Bahamas Bahrain Barbados Bosnia & Herzegovina Botswana Venezuela Bulgaria ( Canada Hong Central African Kong States Chile CLS Bank Croatia Dominican Republic Egypt EGhana Guatemala Hungary Israel Jordan Kenya Kuwait Lesotho Mauritius Morocco Namibia New Zealand Norway Oman Philippines Romania Singapore South Africa Sri Lanka Swaziland Sweden Switzerland Tanzania Thailand Trinidad & Tobago Tunisia Uganda United Kingdom Enquiry Link United States Venezuela Zambia Zimbabwe West African States East African Community Russia Pakistan Egypt Implementation

12 Q&A?

13 Thank you