to access T2S Oreste Di Francesco CSDs Connectivity Workshop, ECB February 27, 2012

Transcription

1 Leveraging your SWIFT to access T2S Oreste Di Francesco CSDs Connectivity Workshop, ECB February 27, 2012

2 Agenda SWIFT in Figures T2S involvement so far Our VAN Solution Our Value Proposition VAN vs DL alternative SWIFT s T2S team T2S, CSDs Connectivity Workshop - ECB - Feb 27,

3 SWIFT some figures 10,000+ customers 210 countries and territories employees FIN 4.03 billion messages per year Average daily traffic 17.5 million messages Peak day of 19.9 million messages 1 st December 2011 InterAct (on top of its use to transport FIN messages) 0.46 billion messages per year Average daily traffic 1,817 million messages growing by 8% T2S, CSDs Connectivity Workshop - ECB - Feb 27,

4 Governance - Cooperative Oversight Governance National Bank of Belgium and G-10 Central Banks Board Board committees National member groups National user groups SWIFT members SWIFT community T2S, CSDs Connectivity Workshop - ECB - Feb 27,

5 T2S SWIFT involvement so far As Standardisation body SWIFT involvement includes: Participation in thet2s standards sub-groupb Defining ISO20022 messages for messages re-usable in other contexts (pillars 1 &2) Consultancy services to the 4CB for T2S specific messages (pillar 3) Chinese wall respected strictly within SWIFT As possible network and services provider No involvement up to summer 2011, following progress via public information Since July 2011 Respected all tender rules and requirements Submitted a bid and awarded one of the two connectivity licences Engaged with BdI on delivering as per plan, first milestone just passed T2S, CSDs Connectivity Workshop - ECB - Feb 27, 2012

6 Way forward - Milestones Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 T E N D E R Bid submitted 29-Sep-11 Contract Signature days > Completion of PoC?? +60 days > Network&Connectivity in 4 sites/4 test environments +120 days > Network&Connectivity in 2 test environments +120 days >Completion of NW Acceptance Test C L I E N Refine solution: DiCoAs consultation & Position solution Go to Market DiCoAs (connectivity): Budget/Design Develop Implement DiCoAs testing (Operational phase) T T2S, CSDs Connectivity Workshop - ECB - Feb 27,

7 T2S Value Added Network Solution (1/4) Overview Value Added Network Tender scope T2S Stack Con Sec Msg App Std T2S Stack Con Sec Msg App Std T2S Gateway VAN Provider VAN stack VAN stack GW CSD/FI T2S Almost dictated by T2S requirements Typical IA&FA in RT or SF on resilient MV-SIPN Hiding all T2S exchange protocol complexity Easy to implement and integrate Re-use proven features Allow to bring capacity when needed (cost control) T2S, CSDs Connectivity Workshop - ECB - Feb 27, 2012 CSDs/Fis can concentrate on business aspects and 7 internal needed crucial changes

8 T2S Value Added Network Solution (2/4) Network Connectivity with the T2S Platform T2S DC-1 Link IP/MPLS (layer3) networks with build-in routing resiliency BAP OPC-1 T2S DC-2 T2S DC-3 OPC-2 T2S DC-4 Local diversified, access, POPs VPN layer provides secure & reliable channel Alliance Connect Gold footprint T2S, CSDs Connectivity Workshop - ECB - Feb 27,

9 T2S Value Added Network Solution (3/4) Network Connectivity for the T2S DiCoAs MV SIPN BAP s NW Partner 1 POP SIPN Backbone NW SAG Interface NW Partner 2 POP Browser DiCoA Domain T2S, CSDs Connectivity Workshop - ECB - Feb 27, 2012 SWIFT DiCoAs will have the possibility to re-use their existing SWIFT infrastructure, connectivity & knowledge decide on desired level of resiliency (nr of sites, type of connectivity, etc) 9 stage the necessary investments

10 T2S Value Added Network Solution (4/4) Messaging services DiCoA DC1 Value Added U2A Browse Network DC2 A2A RT Req/Resp DC1 InterAct RT A2A Msg S&F InterAct S&F DC3 A2A File RT A2A File S&F DC2 FileAct RT FileAct S&F DC4 ISO20022 DEP MQ ISO20022 SWIFTNet T2S, CSDs Connectivity Workshop - ECB - Feb 27, 2012

11 Business continuity & availability % Cost efficiency SWIFT value proposition for T2S VAN connectivity Relevant Expertise &Services Standards/ ISO20022 Easy Integration T2S, CSDs Connectivity Workshop - ECB - Feb 27,

12 How to connect to SWIFT? Private infrastructure SWIFTNet connectivity infrastructure owned and operated by the customer Users Apps VPN Network Partner SWIFTNet Indirect connectivity SWIFTNet connectivity infrastructure owned and operated by third party Users Apps Shared infra VPN provider Network Partner SWIFTNet Alliance Lite Simplified, Internet based, secure connectivity, more business oriented Users Apps Internet SWIFTNet T2S, CSDs Connectivity Workshop - ECB - Feb 27,

13 Your SWIFTNet infrastructure Messaging Software Messaging Software Communications Software Communications Software Network Connection SWIFTNet Network Connection 13

14 MV-SIPN: connectivity model GLOBAL SWIFT networks connects into the internet and to the preferred network partner (NP) through 5 Backbone Access Points Global Network Partners Internet LOCAL Local networks SB/concentrator Local ISP 4 GLOBAL Network Partners: BT-AT&T-COLT-ORANGE T2S, CSDs Connectivity Workshop - ECB - Feb 27,

15 Alliance Connect portfolio overview Alliance Connect Gold Silver & Silver+ Bronze @ VPN box VPN box NPx VPN box VPN box VPN box VPN box Dedicated service from NPs Clustered pair of VPN boxes Certificate based IPSec tunnels Using two managed IP service Load Sharing over both access lines Bandwidth up to 30 Mbps Recommended to use 2 NPs Clustered pair of VPN boxes Certificate based IPSec tunnels Using one NP managed IP service and one Internet service Internet line only for backup 3 types of ISP services: DHCP IP Managed service Fixed IP address PPPoE Clustered pair of VPN boxes Certificate based IPSec Tunnels 3 types of ISP services: DHCP IP Managed service Fixed IP address PPPoE T2S, CSDs Connectivity Workshop - ECB - Feb 27,

16 Alliance Connect: resiliency 5 Backbone Access Points Connected to Network Partners BAPs are interconnected to OPCs High capacity fully-meshed and physically diverse global network Alliance Connect Clustered pair of VPN boxes Using one or two NPs / ISPs Establish certificate-based IPSec tunnels to 3 BAPs OPC OPC OPC NPs IPSec tunnels VPN box box Alliance Connect T2S, CSDs Connectivity Workshop - ECB - Feb 27,

17 Availability Figures published on swift.com Availability by zone YTD Dec 2011 SWIFTNet Core Global % SWIFTNet Core European Zone % DUAL-P availability, global, 2011 Dual Provider? Nr of dual-p Availability No % Yes % DUAL-P availability, Europe, 2011 Dual Provider? Nr of dual-p Availability No % Yes % T2S, CSDs Connectivity Workshop - ECB - Feb 27,

18 Continous improvements New feature developments Best in classs Flexibility TCO reduction Introducing a pro-active detection of degraded services in the network that would allow SWIFT to re-route the traffic Providing better protection against DDoS attacks against Internet-based SWIFT services Increasing reach through wireless (VSAT, 3G) connections Extension of the load sharing feature to Bronze and Silver Silver Plus:new product feature on Alliance Connect where internet is prime line / NP line is back-up Portability Internet connectivity test tool T2S, CSDs Connectivity Workshop - ECB - Feb 27,

19 Business continuity & availability % Proven resilient solution deployed for T2S connectivity Security Rely on Multi Network Vendors Best in class follow the sun support Proven track record Cost efficiency SWIFT value proposition for T2S VAN connectivity Relevant Expertise &Services Standards/ ISO20022 Easy Integration T2S, CSDs Connectivity Workshop - ECB - Feb 27,

20 Alliance Access SWIFT s prime messaging interface Alliance Access High performance and resilience Messaging Software Communications Software Network Connection Continuous operations Powerful automation Flexibility and scalability Large choice of adapters Multi-platform (Linux Soon) Multi-Standards (FIN and XML) SWIFTNet 20

21 Alliance portfolio overview Alliance Web Platform Alliance WorkStation Alliance WebStation Financial Applications ANY Alliance Integrator MQ, AFT (Files), SOAP Alliance Access Alliance Gateway SwiftNet MQ, RAHA (API), SOAP SWIFTNet SWIFTNet Financial Applications Alliance Lite HSM

22 SWIFT Interfaces More values in 2012 On premises In the Cloud Arkelis Outsourced Messaging Tailored Solution Multi-Network Alliance Integrator Alliance Access Advanced Messaging Hub Alliance Access Advanced Messaging Hub Alliance Lite2 Messaging Hub SWIFT Integration SWIFT Interface Non-Top 50 Top 50 Non-Top 50 Top 50 Customer Functional Requirements T2S, CSDs Connectivity Workshop - ECB - Feb 27,

23 Business continuity & availability % Proven resilient solution deployed for T2S connectivity Security Rely on Multi Network Vendors Best in class follow the sun support Proven track record Cost efficiency Standards/ ISO20022 SWIFT value proposition for T2S VAN connectivity Easy Integration Relevant Expertise &Services Re-use existing services and connectivity Almost all T2S DiCoAs already connected to SWIFT messaging services Knowledge of products, services and processes Easy integration products T2S, CSDs Connectivity Workshop - ECB - Feb 27, and services

24 SWIFT Services With you at every step of the way New initiatives Consulting Training Business opportunities Reputation risks Total cost of ownership Operational efficiency STP Operational risks Operational Internal inefficiencies T2S, CSDs Connectivity Workshop - ECB - Feb 27,

25 24 x 7 Follow the sun support model US UK NL BE AMERICAS ARABIC BENGALI DUTCH ENGLISH FRENCH GERMAN HINDI PORTUGUESE SPANISH TURKISH EMEA DUTCH ENGLISH FRENCH GERMAN ITALIAN POLISH RUSSIAN SOUTH-AFRICAN SPANISH SWEDISH TURKISH ASIA PACIFIC BAHASA CANTONESE HK DUTCH ENGLISH GERMAN JAPANESE KOREAN MANDARIN THAI VIETNAMESE JP 20 LANGUAGES COVERED T2S, CSDs Connectivity Workshop - ECB - Feb 27,

26 Different evolving Support channels Web Phone Chat (mid 2012) 26

27 Support portfolio coping with all needs Recovery time objective < 1 h < 2 h < 4 h < 6 h Premium Custom Global Key Accounts, Large MIs and any customer looking for customised services Premium Plus High volume customers and MIs Premium Service Bureaus & branches of Premium Plus customers Standard Plus Low and mid volume Standard Alliance Lite REMOTE SUPPORT ,000 40, ,000 Messages per day 27

28 Support package features Standard Standard Plus Premium Premium Plus Premium Custom Call & problem management Monitoring Online support Phone upgrade Unlimited phone access Managed connectivity Priority handling mgt escalation Incident and crisis mgt SMS notification Connectivity and messaging Phone alerting Highly customised Bespoke contracts Reporting Incident reporting on swift.com Support analysis Availability Preventive Newsletters Health check Troubleshooting training Business Continuity tests Operational Monitoring tool Operational account management Configuration browser Named contact Case review Service Manager Onsite support Products Emergency / consultancy On request for blocking problems Support portfolio November Embedded Supportability

29 Training Services Our knowledge, your solution sessions per year 8.6/10 customer satisfaction +100 users certified users trained per year 5 learning channels Business analysts Security officers Implementers Operators Administrators Sales staff, etc countries Europe Middle East Africa Asia North America Latin America 15 languages +50 courses Payments & trade Securities & treasury Interfaces & security T2S, CSDs Connectivity Workshop - ECB - Feb 27,

30 SWIFT Services Technical Consulting Services Implementation Business Consulting Project Management Consulting Services Training Services Support Services T2S, CSDs Connectivity Workshop - ECB - Feb 27,

31 Consulting Services Supporting your initiatives and priorities Capitalize on your existing SWIFT infrastructure Implement bestpractices Efficiently manage SWIFT operations Ease implementation of Industry initiatives Maximise STP and reduce back-office processing costs Get valuable market insights and benchmarking T2S, CSDs Connectivity Workshop - ECB - Feb 27,

32 Consulting Services in figures 450+ Projects 350+ Clients 75+ Countries Average satisfaction rating of above 4.5/ members and growing 15 years average experience Access to 2,000 + SWIFT specialists Partners T2S, CSDs Connectivity Workshop - ECB - Feb 27,

33 T2S users timeline vs Services Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q Feasibility Business case Budget Impact Assessment Study Project Management Services Specifications Standards Consultancy Development Implementation and Integration Internal testing T2S User Testing T2S Live Date Migration Support Services SWIFT Training Live T2S, CSDs Connectivity Workshop - ECB - Feb 27,

34 Business continuity & availability % Proven resilient solution deployed for T2S connectivity Security Rely on Multi Network Vendors Best in class follow the sun support Proven track record Vast expertise with Securities Market Infrastructures Migrations & large projects Technical, business and Standards experts in-house Cost efficiency SWIFT value proposition for T2S VAN connectivity Relevant Expertise &Services Well placed to provide Business, Technical, Migration, Standards, Project Mgt Services Standards/ ISO20022 Easy Integration Re-use existing services and connectivity Almost all T2S DiCoAs already connected to SWIFT messaging services Easy integration products and services T2S, CSDs Connectivity Workshop - ECB - Feb 27,

35 Business continuity & availability % Proven resilient solution deployed for T2S connectivity Security Rely on Multi Network Vendors Best in class follow the sun support Proven track record Vast expertise with Securities Market Infrastructures Migrations & large projects Technical, business and Standards experts in-house Cost efficiency SWIFT at the source of ISO Standards, so best to provide consultancy Mystandards is the tool for every CSD or FI who has internal standards to manage on top of T2S and other standards Standards/ ISO20022 SWIFT value proposition for T2S VAN connectivity Easy Integration Relevant Expertise &Services Well placed to provide Business, Technical, Migration, Standards, Project Mgt Services Re-use existing services and connectivity Almost all T2S DiCoAs already connected to SWIFT messaging services Easy integration products and services T2S, CSDs Connectivity Workshop - ECB - Feb 27,

36 T2S connectivity options T2S T2S Stack Con Sec Msg App Std Similar to DL, But with very solid/resilient proven connectivity Dedicated Link Point to point, pure network T2S Stack Con Sec Msg App Std More development More operational risks Resiliency to build at extra cost Unknown costs from ECB for DL Limited possibility to stage costs Need to maintain up to date Value Added Network Tender scope T2S Gateway VAN Provider VAN stack T2S Stack Con Sec Msg App Std VAN stack Gateway GW CSD/FI CSD/FI For SWIFT: Typical IA/FA in RT/SF on MV-SIPN Hiding all T2S exchange protocol complexity 36 Re-use proven features, resiliency built in, Easy to integrate, allow to stage costs, etc

37 Very Competitive Prices Cheapest BID as per tender rules Can compete with DL if all costs/risks are considered Economical use of existing shared SWIFT infrastructure and services Re-use CSD/FI own connectivity infrastructure Business continuity & availability % Proven resilient solution deployed for T2S connectivity Security Rely on Multi Network Vendors Proven track record Best in class follow the sun support Vast expertise with Securities Market Infrastructures Migrations & large projects Technical, business and Standards experts inhouse Cost efficiency SWIFT value proposition for T2S VAN connectivity Relevant Expertise &Services Well placed to provide Business, Technical, Migration, Standards, Project Mgt Services SWIFT at the source of ISO Standards, so best to provide consultancy Mystandards is the tool for every CSD or FI who has internal standards to manage on top of T2S and other standards Standards/ ISO20022 Easy Integration Re-use existing services and connectivity All T2S DiCoAs already connected to SWIFT messaging services Simple enhancement Easy integration products and services T2S, CSDs Connectivity Workshop - ECB - Feb 27,

38 T2S at SWIFT - who can help you? Alain.Raes@swift.com Astrid.Coppens@swift.com Claude.Hugon@swift.com Harry.Newman@swift.com Oreste.Difrancesco@swift.com T2S, CSDs Connectivity Workshop - ECB - Feb 27, 2012

39 Thanks Lot of information about our services are available on swift.com 39