Y2020 SWIFT
- A GLOBAL CLOUD PAYMENT HUB
- a global reporting hub
- a central provider of services
- global reporting and consultation hub
Y2014 - SWIFT
- over 10 thous. banks are users
- access to 60 HVS - high volume systems
- access to 20 different ACH payment systems
- real times sanctions screening to 30 public sanctions registers
SWIFT - an ISO Registry for BIC and IBAN
- a payment, treasury and cash management platform
- system integrator for banking and corporate
- support for XML, CVS, Cobol Copybook, CGI, IDOC,
- CT and DDs transfers for banks and firms using own data structures
- adding value to SEPA CTs and DDs solutions
- SWIFT Global Holiday real time Calendar
- SEPA Data accelerator
SEPA data integration - ISO 20022 - so easy ?
- Swift FIN MT 1xx, 2xx, 9xx series versus EDIFACT preferred connectivity
- routes via SwiftNet, support for XML,CSV, Fixed Widthand COBOL
- dramatically speed up compliancy rates for all
- corporates and banks using SAGE, Microsoft, SAP or Oracle apps.
- Y2016 EBA Clearing -SWIFT -ISO 20222 standards - expected 30mil/day DD and CT transfers
- fund industry removing to ISO 20222 funds - so easy?
- SWIFT - end to end collateral processing chain for clearing houses
- SWIFT messages MX standards
- SWIFT FileAct Data Flows Messages for FX and Metals derivatives report
Y2020 - SWIFT - e-Payement Services Directive - Innovator
- Java virtualisation
- currency Exchange
- screen simulation of IT systems
- e-booking regulations
- e- invoicing
- e-identity
- e-mandates
- analytic SW
- psychometric system
- protections against cyberattacks
- infrastructure virtualisation
- private clouds
- mobile and social technology generating in qualified time
- sensitive sales loads tracking
- Big Data moving to Smart data
Y2020 SWIFT as a Global RTGS Hub
- Y2018 JASDEC Japanese Securities Depository will be connected to SWIFT Net ISO 20222 messaging standards
- SWIFT RTGS payments - CIPS Renminbi Internat. Clearing n
- India - Central Bank JV Go Local and SWIFT RTGS payments
- Bank of England - SWIFT -MIRS -a 21st c. RTGS project
Y2020 SWIFT -T2S - EU OTC derivatives - EU data watch dog
- Y2015 - Y2017 launch of pan-European settlement engine T2S
- SWIFT -ISO messages for T2S securities settlement and management
- SWIFT Value Added Network Solution connectivity services to T2S
- Y2014 EMIR - SWIFT and EU OTC derivatives reporting
- European citizen bank data and SWIFT
- SWIFT - EU banks - EU Data Protection Agencies
Y2020 SWIFT anti-money laundering watch
- real time screening and filtering
- support to 3SKey multi-application identity available in 90 countries
- money transfers and treasury Authentication
- accuracy of date provided responsibility to own information
- sanctioning screening services for SME
- SWIFT -KYC Register -Know Your Customer
- verifying the completeness validity
All the best,
by Milo Hoschek
Picture from Kazimir MALEVICH - Gathering Rye Y1912