Market adoption of BPO
SWIFT's Corporates and Supply Chain team
Moscow, April 16th, 2014
Facilitating multi-banking in supply chain finance to mitigate
payment risks and enable financing opportunities
Agenda
• Banks adopting BPO
• Banks reachable on TSU
• Banks with multiple BIC8s on TSU
• BPO certified trade platforms
• ICC / SWIFT Cooperation
• ICC / SWIFT Organisational Structure
• Conclusion
• Contact details
2
BPO adoption grows steadily
Counter Count
Banking groups adopting BPO 56
Banking groups live on BPO 8
Corporates live on BPO 25
Banking groups ready for live use of BPO 16
Banking groups reachable on TSU 83
BIC8s reachable on TSU 152
BIC8s and BIC11s reachable on TSU 235
Countries reachable on TSU 47
BPO certified applications 5 for Banks
4 for Corporates
BPO certified consultants 2
3
Live BPO banks Banks with live transactions + 1 corporate case study
4
Live Banks Region Intra / Inter-
bank
transations
Locations of
live corporate
supply chains
Corporate case study
Bank of China APAC Intra in China
Inter
CN Ito Yokado’s Chinese suppliers
Bank of Tokyo
Mitsubishi UFJ
APAC Intra
Inter
CN, HK, JP,
SG, TH, TW
Ito Yokado
Mitsubishi-Shindoh Co.,Ltd.
MSM (Thailand)
Vale
Korea Exchange
Bank
APAC Inter KR OMRON Automotive Electronics Korea
Co.Ltd.
Standard Chartered
Bank
APAC
EMEA
Intra BE, OM, TH,
AE
BP Chemicals
Octal
PTT Polymer Marketing Co in Thailand
Polymer Marketing DMCC in Dubai
Siam Commercial
Bank
APAC Inter TH PTT Polymer Marketing Co
Hua Nan Bank APAC Inter TW Importer in TW
Bangkok Bank APAC Inter TH Exporter in TH
Turkiye Is Bankasi EMEA Inter TR Importer in TR
Banks ready for live use of BPO Banks ready to go live but with no live BPO transactions yet
• ANZ
• Bank al Etihad (Jordan)
• Barclays
• BNP Paribas
• Commercial Bank of Dubai
• Commerzbank
• Deutsche Bank
• J.P. Morgan
• Kasikornbank (Thailand)
• Maybank
• NLB (Nova Ljubljanska
Banka)
• RBS
• RHB Bank
• Standard Bank of South
Africa
• Sumitomo Mitsui Banking
Corporation (SMBC)
• UniCredit
5
56 banks adopting BPO (update as at 11th April 2014)
Including 18 from the top20 Trade banks (based on Cat 7 traffic)
6
Banks adopting BPO per country
7
56 banking groups
165 BIC8 and BIC11
44 countries
Europe AP AE (United Arab Emirates) IT (Italy) AU (Australia) ID (Indonesia) Commercial Bank of Dubai Banca Popolare di Sondrio ANZ Bangkok Bank, Jakarta First Gulf Bank Banca Popolare di Vicenza Bank of Tokyo-Mitsubishi UFJ, Sydney Bank of Tokyo-Mitsubishi UFJ, Jakarta Standard Chartered, Dubai JO (Jordan) CN (China) Standard Chartered, Indonesia BE (Belgium) Bank al Etihad ANZ, Shanghai IN (India) BNP Paribas Fortis KE (Kenya) Bank of China, Beijing Standard Chartered, India KBC Standard Chartered, Kenya Bank of China, Changzhou JP (Japan) CH (Switzerland) LB (Lebanon) Bank of China, Dongguan Bank of Tokyo-Mitsubishi UFJ, Tokyo UBS BLOM Bank Bank of China, Foshan Sumitomo Mitsui Banking Corp. (SMBC) DK (Denmark) MT (Malta) Bank of China, Guangdong Standard Chartered, Japan Danske Bank FIMBank Bank of China, Huizhou KR (South Korea) DE (Germany) NG (Nigeria) Bank of China, Jiangsu Korea Exchange Bank Commerzbank Standard Chartered, Nigeria Bank of China, Nantong LK (Sri Lanka) Deutsche Bank NL (Netherlands) Bank of China, Shandong Standard Chartered, Sri Lanka Unicredit ING Bank of China, Shanghai MY (Malaysia) ES (Spain) Rabobank Bank of China, Shaoxing Bank of Tokyo-Mitsubishi UFJ, Berhad BBVA OM (Oman) Bank of China, Shenzhen Maybank la Caixa Standard Chartered, Oman Bank of China, Wuxi RHB Bank FI (Finland) PK (Pakistan) Bank of China, Zhejiang Standard Chartered, Malaysia Nordea Standard Chartered, Pakistan Bank of Communications PH (Philippines) FR (France) QA (Qatar) Bank of Communications, Beijing Bank of Tokyo-Mitsubishi UFJ, Manila BNP Paribas Al Khalij Commercial Bank Bank of Communications, Guangzhou Standard Chartered, Philippines Crédit Agricole CIB Qatar National Bank Bank of Communications, Ningbo SG (Singapore) Société Générale SE (Sweden) Bank of Communications, Shanghai ANZ, Singapore GB (United Kingdom) Handelsbanken Bank of Communications, Shenzhen Bank of America, Singapore Bank of America, London SEB Bank of Tokyo-Mitsubishi UFJ, Beijing Bank of Tokyo-Mitsubishi UFJ, Singapore Barclays Swedbank Bank of Tokyo-Mitsubishi UFJ, Guangzhou Deustche Bank, Singapore Deutsche Bank, London SI (Slovenia) Bank of Tokyo-Mitsubishi UFJ, Shanghai First Gulf Bank, Singapore HSBC NLB (Nova Ljubljanska Banka) China Citic Bank J.P. Morgan, Singapore J.P. Morgan, UK TR (Turkey) China Minsheng Banking Corp. Qatar National Bank, Singapore Qatar National Bank, London Turkiye Is Bankasi China Minsheng Banking Corp., Beijing Standard Chartered Singapore Royal Bank of Scotland, London ZA (South Africa) China Minsheng Banking Corp., Dalian TH (Thailand) Standard Chartered, UK Rand Merchant Bank China Minsheng Banking Corp., Shanghai Bangkok Bank GR (Greece) Standard Bank of South Africa China Minsheng Banking Corp., Shenzhen Bank of Tokyo-Mitsubishi UFJ, Bangkok National Bank of Greece Standard Chartered, South Africa China Minsheng Banking Corp., Tianjin Kasikornbank GH (Ghana) Standard Chartered, China Siam Commercial Bank Standard Chartered, Ghana HK (Hong Kong) Standard Chartered, Thailand
Americas ANZ, Hong Kong TW (Taiwan) AR (Argentina) CL (Chile) Bank of America, Hong Kong Bank of Tokyo-Mitsubishi UFJ, Taipei Bank of Tokyo-Mitsubishi UFJ, Buenos Aires Bank of Tokyo-Mitsubishi UFJ, Santiago Bank of China, Hong Kong Hua Nan Bank BR (Brazil) US (United States) Bank of Tokyo-Mitsubishi UFJ, Hong Kong Standard Chartered, Taiwan Banco do Brasil Bank of America BNP Paribas, Hong Kong VN (Vietnam) Banco Itau BBA Bank of China, US Citi, Hong Kong Standard Chartered, Vietnam Bank of China, Brasil BNY Mellon HSBC, Hong Kong Bank of Tokyo-Mitsubishi UFJ, Sao Paulo Citi J.P. Morgan, Hong Kong CA (Canada) Deutsche Bank, New York Standard Chartered, Hong Kong Bank of Montreal J.P. Morgan Royal Bank of Scotland (US) Standard Chartered, US
Banks reachable on TSU
8
83 banking groups
152 banks (BIC8)
235 BIC8 and BIC11
47 countries / territories
2
5
1
1
9 4 3
3
15
10
6
4
10 5
2
2
6
1
3
1
3
3 1
1
3
4 1
1 1
2 1
1 1
1
1 5
1
4
2 2
3
9
1
1 1
1
1
Banks with multiple BIC8s on TSU
9
Number of
BICs
Bank group Locations
22 Standard Chartered Bank AE, CN, GB, GH, HK, ID, IN, JP, KE, LK, MY, NG,
OM, PH, PK, QA, SG, TH, TW, US, VN, ZA
14 Bank of Tokyo Mitsubishi AR, AU, BR, CL, CN(2), HK, ID, JP, MY, PH, SG, TH,
TW
5 Bank of America GB, HK, SG, US(2)
5 BNP Paribas BE, FR, HK, SG, TR
4 ANZ AU, CN, HK, SG
4 Bank of China BR, CN, HK, US
4 Deutsche Bank DE, GB, SG, US
4 HSBC GB(2), HK(2)
4 J.P. Morgan GB, HK, SG, US
3 CIMB Bank ID, MY, TH
3 Qatar National Bank GB, QA, SG
3 Royal Bank of Scotland GB, NL, US
2 Bangkok Bank TH, ID
2 Citi HK, US
2 First Gulf Bank AE, SG
2 RHB Bank MY, SG
TSU BICs in the Americas (19)
10
United States
• Bank of America (2) • Bank of China, US • Branch Banking & Trust • Citi • Deutsche Bank, NY • J.P. Morgan • RBS, US • Standard Chartered, US
Brazil
• Banco do Brasil • Banco Itau BBA • Bank of China, Brazil • Bradesco • BTMU, Sao Paulo
Canada
• Bank of Montreal
Peru
• Banco de Credito del Peru
Argentina
• Banco Galicia • BTMU, Buenos Aires
Chile
• BTMU, Santiago
TSU BICs in Asia (69): Asia North (35)
11
China
• Agricultural Bank of China • ANZ, Shanghai • Bank of China • Bank of Communications • BTMU, Beijing • BTMU, Shanghai • China Citic Bank • China Construction Bank • China Guangfa Bank • China Merchants Bank • China Minsheng Banking Corp. • Hua Xia Bank • Industrial Bank • Industrial & Commercial Bank • Standard Chartered, China
Hong Kong
• ANZ, Hong Kong • Bank of America, Hong Kong • Bank of China, HK • BNP Paribas, HK • BTMU, HK • Citi, HK • Hang Seng Bank • HSBC, HK • J.P. Morgan, HK • Standard Chartered, HK
Japan
• Bank of Tokyo Mitsubishi UFJ • Mizuho Corporate Bank • Standard Chartered, Japan • Sumitomo Mitsui Banking Corp. Taiwan
• BTMU, Taipei • Hua Nan Bank • Standard Chartered, Taiwan
South Korea
• Hana Bank • Korea Exchange Bank • Woori Bank
TSU BICs in Asia (69): Asia South (34)
12
Thailand
• Bangkok Bank • BTMU, Bangkok • CIMB Thai Bank • Kasikornbank • Siam Commercial Bank • Standard Chartered, Thailand Indonesia
• Bank Mandiri (Persero) • Bangkok Bank, Jakarta • BTMU, Jakarta • CIMB Niaga • Standard Chartered, Indonesia
Singapore
• ANZ, Singapore • Bank of America, Singapore • BNP Paribas, Singapore • BTMU, Singapore • Deutsche Bank, Singapore • First Gulf Bank, Singapore • J.P. Morgan, Singapore • Qatar National Bank, Singapore • RHB Bank, Singapore • Standard Chartered, Singapore
Malaysia
• BTMU, Berhad • CIMB • Maybank • RHB Bank • Standard Chartered, Malaysia
Australia
• ANZ • BTMU, Sydney
India
• ICICI Bank • Standard Chartered, India
Philippines
• BTMU, Manila • Standard Chartered, Philippines
Sri Lanka
• Standard Chartered, Sri Lanka
Vietnam
•Standard Chartered, Vietnam
TSU BICs in EMEA (64): EMEA North (39)
13
Spain
• Banco Popular • Banco Santander • Bankinter • BBVA • Caixa Bank • Catalunya Caixa
United Kingdom
• Bank of America, London • Barclays • Deutsche Bank, London • HSBC (2) • J.P. Morgan, UK • Qatar National Bank, London • RBS, London • Standard Chartered, UK
Italy
• Banca popolare dell'Emilia Romagna
• Banca Popolare di Sondrio • Banca Popolare di Vicenza • Banco Popolare Germany
• Commerzbank • Deutsche Bank • LBBW • Sparkasse Bremen • UniCredit
France
• BNP Paribas • Crédit Agricole CIB • Crédit Mutuel CIC • Société Générale Sweden
• Handelsbanken • SEB • Swedbank
Belgium
• BNP Paribas Fortis • KBC
Netherlands
• ING • RBS, Amsterdam
Finland
• Nordea
Denmark
• Danske Bank
Switzerland
• UBS
Slovenia
• NLB (Nova Ljubljanska Banka)
TSU BICs in EMEA (64): EMEA South (13)
14
Morocco
• Banque Marocaine du Commerce Exterieur (BMCE)
South Africa
• First Rand Bank • Standard Bank • Standard Chartered, South
Africa
Turkey
• Garanti • Türk Ekonomi Bankasi • Türkiye Is Bankasi
Kenya
• Standard Chartered, Kenya
Ghana
• Standard Chartered, Ghana
Greece
• National Bank of Greece
Nigeria
• Standard Chartered, Nigeria
Malta
• FIMBank
Pakistan
• Standard Chartered, Pakistan
TSU BICs in EMEA (64): Middle East (12)
15
Jordan
• Bank al Etihad
Lebanon
• BLOM Bank
Oman
• Standard Chartered, Oman
Qatar
• Al Khalij Commercial Bank • Qatar National Bank • Standard Chartered, Qatar
Saudi Arabia
• Samba Financial Group
United Arab Emirates
• Commercial Bank of Dubai • First Gulf Bank, Abu Dhabi • Standard Chartered, Dubai
16
Partner Application name Contact
Chris Principe
+1 (772) 283-6901
Joel Schrevens
Digby Bennett
+32 475 904413
Selene Chan
James Tindall
+44 7941 325716
David Hennah
+44 (0)20 3320 5006
Peter Chin
Justina Ng
+1 212 855 5511
Open Account Manager
Misys Trade Portal
17
Partner Application name Contact
Joel Schrevens
Digby Bennett
+32 475 904413
Jacob Katsman
+1 416 661 8520
David Hennah
+44 (0)20 3320 5006
Murray Freeman
+1 201 716 1236
Misys Trade Portal
Corporate Enterprise
COR-TF
@GlobalTrade Platform
BPO Certified Consultants Consultancy for Trade and Supply Chain Finance
Are you interested to be certified on SWIFT's
messaging standards and technologies supporting
the URBPO rules? Are you training / advising banks and corporates on
trade finance?
They do :
Do you want to be SWIFT Certified Specialist?
Consult our resource centre to get more info
Roles of ICC and SWIFT
To help banks provide
innovative trade and supply
chain services that enable their
corporate customers to:
– reduce risk
– enhance process efficiency
– improve liquidity
management.
More than 9,000 financial
institutions in 209 countries.
The ICC Banking Commission
is a leading global rule-making
body for the banking industry,
producing universally accepted
rules and guidelines for
international banking practice,
notably letters of credit,
demand guarantees and bank-
to-bank reimbursement.
Over 500 members in 85
countries.
19
Cooperation signed at Sibos in September 2011
20
Both the ICC and SWIFT believe that by
working together and leveraging their
respective positions across the trade finance
community, the BPO will have an important
role to play in supporting the development of
international trade in the 21st century in
addressing cost pressures in the face of
increased automation and changes in the
regulatory environment.
Kah-Chye
Tan
Chair ICC Banking
Commission
Gottfried
Leibbrandt
CEO
SWIFT
ICC / SWIFT Cooperation Agreement
Establish BPO as a
technology neutral and
industry owned
instrument
Mission Activities
Drafting
Education
Commercialisation
URBPO approval
17 April 2013
Timeline
21
Conclusion Modernising Trade and Trade Finance services
• Leading Trade banks are partnering with the ICC and SWIFT to
bring a modern trade instrument to the market: the BPO
• The BPO can be used on any channel (Internet, SWIFT) and with
any software solution; the SWIFT Certified Application ensures
inter-operability between competitive vendor solutions
• The BPO is based on proven best practices: technology neutral
industry standards (ISO 20022)
• All leading trade vendors and trade banks in the world are adopting
the BPO which confirms the growing acceptance and immediate
relevance of the BPO to the trade finance market.
22
Get ready now to offer future-proof trade services
to your corporate clients
Contact the BPO bank product teams
23
Bank name BPO product manager
Al Khalij Commercial Bank (al khaliji) ANZ Mark Evans Banca Popolare di Sondrio Marco Fontana Banca Popolare di Vicenza Giovanni Forcati Banco do Brasil Regis Klein Amorim
Banco Itau BBA Thiago Fernandes
Nascimento Bangkok Bank Lalina Cherdboonmuang Bank Al Etihad Mohammad Burjaq Bank of America Paul Johnson Bank of China Mr. Li Shuo / Tan Haiwen Bank of Communications Qin YAN Bank of Tokyo-Mitsubishi UFJ Daisuke KAMAI
Barclays James Bidwell
Ms. Daniela Medina BBVA Carlota Sustacha BLOM Bank Jacques Saboungi BMO Capital Markets Murray McGuire BNP Paribas Eric Henry BNY Mellon Andres Ramos China Citic Bank Yan Chen China Minsheng Bank 胡家君 (Jiajun) Citi Anurag Pandey Commercial Bank of Dubai Lakshmanan Sankaran Commerzbank Doris Braun Crédit Agricole CIB Ingrid de Trogoff Danske Bank Simon Christiansen Deutsche Bank Ms. Sharyn Trainor FIMBank Charles Wallbank First Gulf Bank Anand Sampath
Handelsbanken Håkan von Sydow HSBC Daniel Cooper Hua Nan Bank 徐偉軒 (Hank) ING Hugo Verschoren
J.P. Morgan Merlin Dowse
Kasikornbank Pallapat Chatmolee KBC Bank Marc Vandermolen Korea Exchange Bank Shin Won Michael KANG la Caixa Ingrid Fornt Sesmilo Maybank Tina Roshini Nair National Bank of Greece Evy Passa NLB (Nova Ljubljanska Banka) Tomšič Janez Nordea Urban Ljungblom Qatar National Bank Imre Gorzsas Rabobank Nico ten Wolde Rand Merchant Bank Sudeera Harduth RHB Bank Liew Hoi Kiat SEB Johan Sahlén Siam Commercial Bank Suwatchai Visanvit Société Générale Corinne Babok Standard Bank of South Africa Bob Blower
Standard Chartered Bank Mritunjay Singh
Christopher Wee Sumitomo Mitsui Banking Corporation (SMBC) Yuki Ishikawa Swedbank Carina Gyllenbring The Royal Bank of Scotland (RBS) Manoj Menon Turkiye Is Bankasi H. Ekrem Kurkcu UBS Nathalie Caminade UniCredit Oliver Spitz
24
Thank you
Website: www.swift.com/corporates
Email: [email protected]
Twitter: @swiftcorporates
Groups:
SWIFT for Corporates
Supply Chain on SWIFT
Your SWIFT contact: Regional contacts
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