Slide 1

CCI via SWIFTNetCCI via SWIFTNet

Migrating you safely to Euroclear’s Migrating you safely to Euroclear’s Single PlatformSingle PlatformLondon, July 2nd 2008

Slide 2

Agenda 1 of 2

CCI update from Euroclear

Charles Pugh, Senior Relationship Manager, Yves Lamote, Director, Project Manager Common Communication Interface,

Demystifying ISO 15022 & 20022

Tom Alaerts, Business Analyst, Standards Initiatives, SWIFT

CCI Implementation & CREST migration path

Lut Buntinx, Manager CCI Project implementation, SWIFT

Nigel White, CREST Service Manager, Key Clients Support, SWIFT Coffee break

Slide 3

Agenda 2 of 2

Return from Coffee break

SWIFT Infrastructure for CCI

David Singh, Technical Consultant, SWIFT

CCI via SWIFTNet – Your benefits

Charles Robson, Account Director, SWIFT

Integration challenges - Panel discussion

Wrap-up and closing

Slide 4

Welcome to CCI and the challenge ahead

Charles Welham

Slide 5

EuroclearEuroclear

Charles PughYves Lamote

Euroclear Single PlatformCommon Communication Interface

7

Agenda Custody services in the Single Platform

Euroclear Group Consolidation strategy and projects

8

Consolidation of markets within Euroclear Group

Full integration of legacy systems and functionality

Single Settlement Engine

Common Communication Interface

Euroclear UK & Ireland

EuroclearFrance

EuroclearNederland

Euroclear Belgium

EuroclearBank

Customer

Domestic Service Full Service

Agent

Central Banks

&

Payment

systems

Access / Communication

Contract /Relationship

Service

IT infrastructure

9

Timeline for platform consolidationClient impact

2006 2007 2008 2009 2010

Harmonisation

Consolidation

Technical only

Euronextinstruments

Custody all Euroclear group markets

Settlementall Euroclear groupmarkets

Euronextmarkets custody & settlement

Custody on a single platform

Settlement on a single platform

Settlement activity

SSE SP Custody SP SettlementESES

CCI

Single Gateway

Early ISO Adoption

10

Objectives of harmonisationand consolidation in Europe

• Markets are resolved to address fragmentation issue• Benefits:

Improved STP using ISO standards

Reduction of costs and risks thanks to:

Removal of paper processes

Standardisation of practices

Consolidation / simplification of platforms and processing

systems

11

The role of Euroclear Group in addressing fragmentation issues

Result of the Euroclear Group market consultation

Play leading role in supporting key market initiatives to remove Giovannini barriers (eg. ECSDA, …)

Contribute to building a Single European Market: single, harmonised platform for corporate actions and meetings in Belgium, France, Ireland, The Netherlands and United Kingdom

Reduce X-border transaction costs thanks to harmonisation of market practises

12

SP CustodyKey improvements Euroclear UK & Ireland

• Use of ISO 15022 formats and 20022 (Meetings)

• Harmonisation of Corporate Action processing in Euroclear UK & Ireland

Classification and simplification of the CA’s Single Order of dates Introduction of interim securities for all distributions with

options Cash distribution

• Entitlement reporting

• Single announcement for multiple accounts or per account

• Standing instructions• Standardisation of CA processes

Extended use of ISO, STP for input and reporting

CCI Principles

CCI Migration

3rd Party Providers

Support

Common CommunicationInterface

14

Screen channel (ScreenFlow)

Mandatory for set-up and operator management

Sole point of contact for smaller clients

Back-up and exceptions for larger clients

CCI FeaturesThree Channels

STP Messaging (AutoFlow) Individual messages Sent in real time Parameters to filter outbound

messages STP channels(ISO15022ISO20022)

Messaging File transfer Screen interface

Push Pull

CCI

Pull recovery

STP File Transfer (AutoFlow) Files of messages For bulk message exchange Parameters to trigger

outbound files Format identical to messaging

15

Client Network Euroclear group

NetworkProvidergateway

NetworkProvidergateway

NetworkProvidergateway

NetworkProvidergateway

SinglePlatformSingle

Platform

CCI FeaturesNetwork Providers

BT / SWIFT BT / SWIFT

16

CCI Pricing

• CCI pricing components :

• Reported items fees : cover the cost of the Euroclear reports• Family Concept• Sliding Scale• Flat fee for ‘value added’ reports

• Network Provider fees• Sender pays model : traffic sent is charged by the SMS

provider• Euroclear recharges SMS costs for reporting traffic

CCI Principles

CCI Migration

3rd Party Providers

Support

Common CommunicationInterface

18

Three

Levels

Of

Change

•Technical interfaces

•Network providers

•Migration facilitators

CCI - Migration Challenges

Connectivity

•ISO Standards

Data Formats

•Harmonised processes

•Training

Back Office

19

EB ESES EUI

Connectivity testing (CCI gateway)

Testing facilities

ScreenFlow (User & Subs. Mgt) and AutoFlow technical testing

Launch dates

CCI / SP ISO syntax validation

Permanent testing

environment

Functional Testing

•For all clients

ScreenFlow

technical deployment

CCI ISO ValidationParticipant Acceptance Test

CCI gateway= launch in test

= launch in production

2009 Q42008 Q1 Q2 Q3Q4Q3

Rollout SP Custody / CCI and testing

Oct 08 Summer 09

CCI Single Gateway

Production

CCI Single Gateway - Legacy ISO Testing

Analysis & Decision makingFunctional implementation phase

Technical deployment phase

Monitored Migration phases

PAT phase

•Additionally for CCI SG candidates

CCI Principles

CCI Migration

3rd Party Providers

Support

Common CommunicationInterface

21

Model 1 – Back-Office System Providers / Message Brokers

Vendor EG Participants Euroclear GroupDevelops a back-office

package

Account Owner

EG participants : Buy and integrate the

back-office package

Security

Security

Security

Security

Security

Security

Security

Security

Legal Department

Contractual Agreement

Legal Department

Contractual / Commercial Agreement

Back-Office

Back-Office

Back-Office

Back-Office

Back-Office

22

Model 2 – Service Bureaux

EG Participants Service Bureau Euroclear GroupAccount owners Operating the accounts

owned by EG participants

4 potential levels of outsourcing :

Management of the gateway

(connectivity, security) Management of the

channels

(screen, STP) Management of the OAM Back-Office Management

Security

Security

Security

Security

Security

Security

Security

Security

Legal Department

Contractual Agreement

Legal Department

Contractual Agreement

Back-Office

CCI Principles

CCI Migration

3rd Party Providers

Support

Common CommunicationInterface

24

Support

Support from Euroclear www.euroclear.com Plenary and bilateral meetings Webinars (https://euroclear.webex.com) Documentation

Contact Your Relationship

ManagerQ&A Service

SP.connectivity@euroclear.com

EB-SPCustody@euroclear.com

25

Slide 26

DemystifyingDemystifyingISO 15022 & 20022 for CCIISO 15022 & 20022 for CCI

Tom AlaertsSWIFT Standards

Slide 27

Timeline for platform consolidation

2006 2007 2008 2009 2011

Harmonisation

Consolidation

Technical only

Euronextinstruments

Custody all Euroclear group markets

Settlementall Euroclear groupmarkets

Euronextmarkets custody & settlement

Custody on a single platform

Settlement on a single platform

Settlement activity

SSE SP Custody SP SettlementESES

CCI

Single Gateway

Early Harmonisation

2010

Source: Euroclear

Slide 28

Standards for Euroclear CCIBusiness areaBusiness area Business Business

justificationjustification1502215022 2002220022 DeveloperDeveloper Co-existence Co-existence

supportsupport

Issuing agent Done x v EoC x

New issuance Done x v EoC x

Market claims Done v v EoC x

Registration ?? v v EoC x

Corporate actions Done v v SWIFT v

Settl & reconciliation Done v v SWIFT v

Tri-party collateral Done v v SWIFT v

Sec. ref data ?? x x ? x

Proxy Done (v) v SWIFT x

Tax ??? (v) x ? x

Administration (Done) (v) (v) ? x

Cash Done v v SWIFT x

Collateral ?? (v) v ? x

Slide 29

The principles of ISO 15022

Information is identified and programmed once, but reused continuously

Two concepts:

Generic field Start and end of block fields

Slide 30

ISO 15022 is a good standard in that it is very predictable (unlike the SWIFT proprietary standard).

A typical ISO 15022 FIN messageSender PEFIGB22MT 502 (order to buy)Receiver BDAPGB22:16R:GENL:20C::SEME//3455:23G:NEWM:16S:GENL:16R:ORDRDET:16R:PRIC:90B::LIMI//ACTU/GBP25,:16S:PRIC:22H::BUSE//BUYI:22H::PAYM//APMT:98A::EXPI//20070820:16R:TRADPRTY:95A::BUYR//PEFIGB22:16S:TRADPRTY:36B::ORDR//UNIT/900:35B:ISIN GB1234567890:16S:ORDRDET

For example:

98a always = a date

90a always = a price

36B always = a quantity of financial instrument

20C always = reference

95a always = party

Slide 31

The principles of ISO 15022Start and end of block fields

Message Type

16R Start of Block

16S End of Block

Set of Data Fields

Sequence

Slide 32

Complete overview, at the message level, of the messages available to clients on the Euroclear platforms, including legacy systems and the Single Platform

– The Message Guide identifies each message function on the Single Platform, explains its usage and identifies the correct ISO standard message to use

– The Migration Guide provides a comparison between the Single Platform message functions and existing proprietary and ISO messages on the various legacy systems, and then tracks the rollout of ISO messages in the SP.

• You will find it on the Euroclear website: http://tinyurl.com/4ao2gs

Source: Euroclear

Euroclear message inventory

Slide 33

Single platform custody intro to the documentation at http://tinyurl.com/6247wy

Issuance and issuer agent data exchange manual (ISO 20022) partly at http://tinyurl.com/6ql45u

May 2008– Migration to the CCI

June 2008– Corporate actions – full service– Corporate actions – domestic service – v2 (v1 is at

http://tinyurl.com/6neboe )– Mandatory cash distributions – full service– Single Platform Custody data exchange manual – full service and

domestic service – v2 (v1 is at http://tinyurl.com/56hypu ) …

SP Custody and CCI documentationSchedule

Source: Euroclear

Slide 34

What about Crest DEX standards?

Euroclear does not plan to specify official mapping/translation info, but will organise workshops explaining pain points.

CREST ISO standard Data Exchange Manual:http://tinyurl.com/6pouo7ISO 15022 only, for now – not yet for CCI

Slide 35

Training – getting proficient in ISO 15022

Classroom courses Securities settlement and reconciliation messagesThis 2-day course helps you to understand the SWIFT messages used for settlement and reconciliation and the related payments messages.

Securities corporate action messagesLearn to understand the ISO 15022 SWIFT messages used for corporate actions and the related payments messages.

Understanding SWIFTNet Funds messages and flowsReceive an overview of the SWIFTNet Funds solution and in-depth information on the related ISO 20022 messages.

e-learningQuick start – SWIFT securities messagesThis module gives practical information and training on how to create ISO 15022 messages in a fast and simple way.

Slide 36

Implementing SWIFTStandards MT/XML XML schemas representing MT

messages

– Including sufficient metadata to parse and format the MT

Software to convert from message in MT format to XML and back

– SWIFTStandards provides open source reference implementation, not licensed for production

– Vendors (including SWIFT) to provide supported implementations

MT gains advantages of XML

Slide 37

SWIFTStandards

SecuritiesISO 7775 (syntax = traditional FIN, such as MT 521, MT 500, …)

ISO 15022 (syntax = enhancedFIN, such as MT 502, MT 54x, …)

UNIFI (ISO 20022) (syntax = XML, such as Investment Funds, Cash Reporting, Bulk Credit Transfers, …)

Traditional FIN(e.g. MT 103)

Traditional FIN(e.g. MT 100, MT 202, …)

Other markets

The evolution of SWIFTStandards

Slide 38

CCI via SWIFTNetCCI via SWIFTNetMigrating you safely to Euroclear’s Migrating you safely to Euroclear’s Single PlatformSingle Platform

Lut Buntinx

Slide 39

Single GatewayLive

Euroclear timelines – Migration per wave

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

20082008 20092009 20102010 20112011

= Live Date

= Full Functional Test Phases (PAT)

SP Settlement

SP Custody

ESES

Single Platform

= Start date for testing facilities

ConnectivityISO Syntax validation

ScreenFlow

Slide 40

Customers migration questions

What do I need to do and by when?

How do I keep impact on my back-office integration limited to ensure minimal disruption?

Can I use this migration to improve current automation levels?

How do I keep my communication infrastructure investments and project management cost to a minimum?

Slide 41

Migration to CCI the 7 step ApproachRegional Sales Approach

Global Deployment

Awareness Analysis/Discussion

Decision

TechnicalDesign

Implementation Testing Live

eLOI

e-orders

31 Dec 2008 Q 4 2009

Slide 42

Migration to CCI the 7 step ApproachRegional Sales Approach

Global Deployment

Awareness Analysis/Discussion

Decision

TechnicalDesign

Testing Live

eLOI

31 Dec 2008 Q 4 2009

Implemen-tation

Global Deployment Programmemonitored by SWIFT

You will be reminded of certain milestones

You will be invited to perform certain tasks (e.g. WSHA Installation/GUI installation, connectivity test, ISO test etc against certain deadlines

The SWIFT support team will be there for technical assistance

A SWIFT migration team will be there to give you guidance for your project execution and help you with your ordering process

WSHA installation services can be obtained from SWIFT

Slide 43

Migration to CCI the 7 step Approach

TechnicalDesign

Technical design for future SWIFT infrastructure needs for the CCI

E-orders:

Service subscriptions

WSHA

WSHA installation services

possible infrastructure upgrades

Technical design andE-ordering

Slide 44

Migration to CCI the 7 step Approach

Implemen-tation

Installation of WSHA

Installation of ScreenFlow GUI

installation of all other infrastructure upgrades (if requried)

RMA or certificate exchange

ScreenFlow root operator logons

OAM (ScreenFlow creates AutoFlow operator)

Connectivity testing for all channels

Upgrade of ScreenFlow application before PAT

ISO validation testing:

As of Q1 2009 – testing environment - 3 to 4 month duration

Connectivity testing must be achieved before entering in ISO testing

Mandatory for STP users

Installation and preliminary testing

Slide 45

Migration to CCI the 7 step Approach

Testing

PAT: Participant’s Acceptance Testing

SWIFT will monitor the testing activity

Euroclear will run the PAT:

- SP Custody business screens in ScreenFlow

-SP Custody core processing of Business data (EB only in the first stage, EUI after)

- Testing based on scenarios

- Scenarios described in advance (Q2 2009)

- Registration required

- Participation to testing monitored by Euroclear

Full Functional testing

Slide 46

Migration to CCI the 7 step Approach

Live

SWIFT will monitor the lifetraffic activity

Euroclear will require the go-live for the custody business on the Single Platform as from Q4 2009

Euroclear Bank clients first

ESES and EUI clients will follow.

Custody businessOn the Single Platform

Slide 47

Support - More information

www.euroclear.comwww.euroclear.com

Questions? -> cci@swift.comQuestions? -> cci@swift.com

e-LOI on www.swift.com/cci for best supporte-LOI on www.swift.com/cci for best support

www.swift.com/eseswww.swift.com/eses

www.swift.com/cciwww.swift.com/cci

F.A.Q & Technical

specifications

F.A.Q & Implementation

guide

Slide 48

Nigel White

London, 2nd July 2008

CREST, the CCI migration CREST, the CCI migration pathpath

Slide 49

SWIFT’s solution

Keep it simple

Existing hardware : no mandatory upgrades required

Existing SAA/SAS/SAG : can also be used for CCI

Existing service levels : remain unchanged during CCI migration

Slide 50

Migration stages

Stage 1 : install Web Services Host Adapter onto SAS/SAG

Facilitates connectivity via CCI GUI (Euroclear product)

CCI GUI required for connectivity testing & screen flow traffic

Installation Oct 08 to Mar 09

Slide 51

Migration stages

Stage 2 : SAA upgrade options SAA 6.0 Support continues SAA 6.3 Supports FileAct interface for CCI

back office traffic, also supports MQHA SAA 6.2 is NOT qualified for CREST

Slide 52

Advantages of SWIFT’s CCI solution

Current CREST GUI and CCI GUI operations can coexist

Current file transfer operations (DEX & ISO15022) can coexist with CCI FileAct operations

Slide 53

Slide 54

SWIFT Infrastructure for CCISWIFT Infrastructure for CCI

David Singh

London, 2nd July 2008

Slide 55

CCI project objectives

Formats

Channels

Platforms

Slide 56

e-RGV(ESES)

(ScreenFlow optional)

CCI formats & channels

Screen- Screen- basedbasedaccessaccess

STP STP channelchannelfile transferfile transfer

STP STP channelchannelmessagingmessaging

FIN

Yourinstitution

FIN

E2ANot

applicable

EUCLID PC &

EUCLID Server

FTPE2AEUCLID

FT

FIN

Not applicable

Not applicable

FIN(reporting only)

BB-GUI

CRESTFT

CREST FT

SATELITDirekte

VerbindingeRGV (ESES)& ScreenFlow

Not applicable

AutoFlow File Transfer via SWIFTNet FileAct Store & Forward (push mode)

FIN(ESES)

FIN(ESES)optional

AutoFlow Messaging

via InterAct (for ISO 20022 messages) via FIN (for ISO 15022 messages)

(push mode)

ScreenFlow via SWIFTNet (Screen GUI provided by Euroclear)

(pull mode)

Euroclear UK&Ireland

EuroclearFrance

EuroclearNederland

Euroclear Belgium

EuroclearBank

Slide 57

CCI platforms

Back Office Applications

EuroclearUKI

EuroclearBank

EuroclearBE

EuroclearNL

EuroclearFR

FIN/MX Interface

SWIFTAlliance Gateway

CRESTInterfaceFile

TransferInterface

SWIFTNet

EUCLIDServer/PC

eRGV&

E2A

WSHA

NEW

CCI Screen

CCIcompliant

CCI complian

t

CCI complian

t

 AutoFlow channels

ScreenFlow channel

Euroclear Single Platform

HSM

Slide 58

SWIFTAlliance Gateway is already a CCI Gateway & gives a transparent migration

Client

CCI

GatewayFile

Interface

FIN/MX Interface

Legacy Interface

SWIFT

Alliance

Gateway

SAB

WSHA

ScreenFlow

Eu

roclear

Leg

acy P

latform

FIN - ISO15022

SWIFTNet InterAct

SWIFTNet FileAct

ScreenFlow (ESES) euroclear.cci

SWIFTNet Browse

MGTCBEBE

ESESBEBB

ESESFRPP

CRSTGB2L

ESESNL2A

Eu

roclear

Sin

gle

Platfo

rmAutoFlow Messaging ISO15022 - FIN ISO20022 - SWIFTNet InterAct euroclear.autoflowmsg

AutoFlow File Transfer SWIFTNet FileAct (ISO) euroclear.autoflowfile

ScreenFlow euroclear.screenflow

ECLIBEBB

ECLNBEBB

ECLNFRPP

ECLNGB2L

ECLNNL2A

Single Gateway

=

=

HSM

Today

Single Gateway Live

SWIFTNet

Single Platform Settlement

Slide 59

Value proposition for an existing SWIFT customer

SWIFTAlliance Gateway

FIN

-IA

-FA

S

&F

inte

rfa

ceBack-officeapplications

Au

toF

low

Your current SWIFT infrastructure re-used for AutoFlow Messaging & AutoFlow File Transfer

FIN today = “CCI FIN”

Check:– Interface support of IA-FA S&F

(for ISO 20022)– Files to be in Giovannini

rulebook format

Optional FTA/FTI (SAG) available for AutoFlow File Transfer

Web Services Host Adapter (WSHA) for ScreenFlow

SWIFTNet

HSM

WSHA

Sc

ree

nfl

ow

Slide 60

Value proposition for a new SWIFT customer

Direct connectivity:– SWIFTAlliance Starter Set

complemented with WSHA for ScreenFlow (Q4 2008)

– Optional SWIFTAlliance Access/Entry for AutoFlow Messaging

– Enabled for ‘manual’ AutoFlow File Transfer via SWIFTAlliance Webstation (SAB)

Indirect connectivity:

– Through Service bureau

– Tailor-made integration

– Service Bureau Qualification program

Back-officeapplication

SW

IFT

Alli

anc

eA

cce

ss/E

ntry

SWIFTAlliance Webstation

SWIFTAlliance Starter Set

HSM

WSHAAu

toF

low

and/or

SWIFTNet

Sc

ree

nfl

ow

Slide 61

Value proposition for resilience

SA-Gateway

Back-officeapplications

Au

toF

low

SWIFTNet

HSM

SA-Access

- Messages

- Files

WSHA

Sc

ree

nfl

ow

SA-Gateway

Back-officeapplications

Au

toF

low

HSM

SA-Access

- Messages

- Files

WSHA

Sc

ree

nfl

ow

Slide 62

SAG - Web Services Host Adapter (WSHA)

Available on all SWIFTAlliance Gateway (SAG) licenses, including SAS (as of Q3 2008)

Ordering through SWIFT ordering channel, or through www.swift.com/cci as of Q3 2008

SAG patch 6.1.50 for CCI (Ready for ScreenFlow testing)

Qualified on SWIFTNet Rel 6.0 & Rel 6.1 Allows communication with Web services using SOAP Converts SOAP into SWIFTNet traffic Re-usable for other Web services solutions

Slide 63

SAG - WSHA features

Configured as other Host Adapters (RAHA, MQHA) via SAG Message Partners

– CCI ScreenFlow defined as Client application Secure the connection between CCI ScreenFlow &

WSHA

– SSL

– LAU Firewall settings between CCI ScreenFlow & SAG

– Additional port to be configured Easy to configure & integrate

Slide 64

SWIFTSupport

World-class customer support 24 hours/day, 7 days/week, 365 days/year By telephone & over the Internet To all SWIFT users worldwide Follow-the-sun model Local language capabilities SWIFT won two Customer Relationship Excellence

(CRE) Awards:

– ‘Global Support Services of the Year’

– ‘CRM Director of 2005’ honours for Brian Haughan, SWIFT’s Head of Customer Operations and Member of Executive Committee.

Slide 65

CCI via SWIFTNetCCI via SWIFTNetYour BenefitsYour Benefits

Migrating you safely to Euroclear’s Migrating you safely to Euroclear’s Single PlatformSingle Platform

Charles Robson Account Director Broker Dealers

Slide 66

Mastering the challenge

Slide 67

The SWIFT value proposition

CooperativeCooperative

Testing & Qualification serviceTesting & Qualification service

AvailabilityAvailability

SecuritySecurity

ReliabilityReliability

Message ValidationMessage Validation Real Single WindowReal Single Window

1 level of support for all Customers1 level of support for all Customers

One-Stop-ShopOne-Stop-Shop

Consultancy ServicesConsultancy Services Training & EducationTraining & Education

Slide 68

CCI via SWIFTNetWhere is the biggest Challenge in this project?

Slide 69

Exchange

CustodiansData Provider

CSD

Broker/Dealers

Issuing Agent ISO 20022/ DEX

ProprietaryProprietary

ISO 20022/ DEX

ISO 15022/ Proprietary

ISO 15022/ Proprietary

Registrar

ISO 15022/ Proprietary

Proprietary

Where is the biggest Challenge in this project?

Slide 70

CCI via SWIFTNet - Custody phase (SPC)

Receiving a MT564 from Euroclear UKI or Euroclear Bank

is NO DIFFERENT

from a receiving a MT564

From your sub custodian/ Agent

Receiving a MT564 from Euroclear UKI or Euroclear Bank

is NO DIFFERENT

from a receiving a MT564

From your sub custodian/ Agent

Slide 71

Pay DateRecord Date

CCI via SWIFTNet Corporate event sequence – Dividend/INTR

Mandatory

Account Owner / Participant

EUI

AnnouncementAnnouncement

MT564MT564

EntitlementEntitlement

MT564MT564

ConfirmationConfirmation

MT566MT566

Slide 72

Record Date Pay DateResponse Deadline

CCI via SWIFTNet Corporate event sequence – Share Split

Account Owner / Participant

EUI

AnnouncementAnnouncement

MT564MT564

EligibilityEligibility

MT564MT564

ConfirmationConfirmation

MT566MT566

CHOS

VOLU

InstructionInstruction

MT565MT565

StatusStatus

MT567MT567

EntitlementEntitlement

MT564MT564

Slide 73

Detailed mapping of your current flows with different Euroclear entities

A readiness assessment including:Connectivity, infrastructure & integration

requirements

Mappings & solutions for any translation issues

Detailed mapping of your current flows with different Euroclear entities

A readiness assessment including:Connectivity, infrastructure & integration

requirements

Mappings & solutions for any translation issues

Cost-benefit analysis for the different channels (AutoFlow Messaging, FileTransfer, ScreenFlow)

Recommendations on reducing operational costs by:

Optimizing your operational efficiency (STP)

Choosing the most appropriate & cost-efficient channel for each of your business flows

Cost-benefit analysis for the different channels (AutoFlow Messaging, FileTransfer, ScreenFlow)

Recommendations on reducing operational costs by:

Optimizing your operational efficiency (STP)

Choosing the most appropriate & cost-efficient channel for each of your business flows

CCI Business Assessment Programme Leveraging SWIFT’s Standards and Business Know How

Slide 74

CCI via SWIFTNETCommercial rules of engagement

No Contract / No Termed Commitment

CCI via SWIFTNet is a standard SWIFT Service

No Gold / Sliver / Bronze Support SLA

All Clients receive Premium SWIFT Support SLA as standard

No Contract / No Termed Commitment

CCI via SWIFTNet is a standard SWIFT Service

No Gold / Sliver / Bronze Support SLA

All Clients receive Premium SWIFT Support SLA as standard

Slide 75

In 2006 SWIFT published their SWIFT2010 strategy

One obligation to its members was to reduce messaging fees by 50% by 2011.

Since 2006 fees have been lowered by 23% (excluding any rebates).

Further 27% discount still to be applied by 2010.

In 2006 SWIFT published their SWIFT2010 strategy

One obligation to its members was to reduce messaging fees by 50% by 2011.

Since 2006 fees have been lowered by 23% (excluding any rebates).

Further 27% discount still to be applied by 2010.

In addition for 2007

Generated €57 million in savings for customers=

Every SWIFT Customer received a 15% traffic rebate

In addition for 2007

Generated €57 million in savings for customers=

Every SWIFT Customer received a 15% traffic rebate

CCI via SWIFTNetKey Financial Figures

Slide 76

CCI via SWIFTNetKey Financial Figures

MT597 (Fin Bulking)statement of holdings (MT535 – MT537),

confirmations (MT544 – MT547)

status reports (MT548, MT578)

Fixed Fee Plan for Global Traffic Tier 5 & above

MT597 (Fin Bulking)statement of holdings (MT535 – MT537),

confirmations (MT544 – MT547)

status reports (MT548, MT578)

Fixed Fee Plan for Global Traffic Tier 5 & above

Slide 77

CCI via SWIFTNetWSHA Key Financial Figures

WSHA is not CCI exclusive

SOAP host adapter for any application

WSHA licence is per SAG Licence (9 instances)

No Limit on Number of CCI Gui connections to WSHA

WSHA is not CCI exclusive

SOAP host adapter for any application

WSHA licence is per SAG Licence (9 instances)

No Limit on Number of CCI Gui connections to WSHA

Slide 78

Web Service Host Adapter (WSHA)

SAG BAND

ONE OFF FEE

ANNUAL S&M

SAG Automation -2 $3,400 $1,700

SAG WebStation Concentration -2 $3,400 $1,700

Single Window Band -2 $3,400 $1,700

Single Window Band -1 $3,720 $1,860

Single Window Band 0 $4,000 $2,000

Single Window Band 1 $4,280 $2,140

Single Window Band 2 $4,640 $2,320

Single Window Band 3 $5,000 $2,500

Single Window Band 4 $5,400 $2,700

Single Window Band 5 $6,000 $3,000

Single Window Band 6 $6,560 $3,280

Single Window Band 7 $7,200 $3,600

Single Window Band 8 $8,040 $4,020

Single Window Band 9 $8,800 $4,400

Single Window Band 10 $9,600 $4,800

Slide 79

In 30 years not a single secure message corrupted, misrouted or lost

24/7 Support service is included at no additional fee

82 Market Infrastructures connected to SWIFT

8,332 institutions connected to SWIFT

In 30 years not a single secure message corrupted, misrouted or lost

24/7 Support service is included at no additional fee

82 Market Infrastructures connected to SWIFT

8,332 institutions connected to SWIFT

SWIFTNetTried & trusted v. New and Unknown?

Slide 80

SWIFTNet Tried & trusted - 99.999% Availability

Slide 81

Making financial messagingMaking financial messagingeasy, safer and less costlyeasy, safer and less costly

Slide 82

Panel DiscussionPanel Discussion

Slide 83

The Panellists

David Pilbeam Northern Trust

Sharon Ilett Mizoho Trust

Ewan Scott Checkfree

Bob Humphries Jarrive

Kevin Gidden SWIFT

Slide 84

Q&A