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MyStandards
Better standards management for the community
Kiyono Hasaka & Tom AlaertsSWIFT Standards
[email protected]@swift.com
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Automation of business processes
Standards
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… keep track of changes andassess impact of releases ?
… understand and findall standards-related information ?
… efficiently implement standards ?
… describe, document & maintain usage guidelines ?
How to….
Time consuming
Prone to errors Resource-intensive
Costly
Managing standards – challenges….
MyStandards
… a collaborativeweb platform
to better manage standards definitions
and usage in the financial industry
Content
Features
Managing standards with MyStandards
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Implement
Publish Analyse
Capture guidelines
Collaborate
Browse
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MT / MX / ISO 20022
Usage guidelines
Base Standards:MT/MX/ISO 20022
Global market practices
Local market practices
Bilateral guidelines
Internal specifications
SWIFTISO
20022
Market practice groups
Financial institutions
Market infrastructures
Contributors
Content
Centralize all of your standards-related
information on-line
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Demo
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Bankguidelines
National and regional guidelines
Common Global Implementation guideline (CGI Template)
ISO 20022 standard and business model (Message Definition Report)
DerivedFrom
ConsistentWith
MyStandards contains more than base standards
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9Features
Browse MT, MX and all shared usage guidelines in a common way
Find all the informationincluded in the UHB and much more….
Search messages and usage guidelines
Browse
Browse and search content in a common, structured way
Demo
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11Features
Publish
Generate and publish documentation without manual intervention
Generate user-friendly PDFs for MT and MX
Generate Excel-sheets for MT and MX
Generate practicalExcel-sheets for version comparisons
Generate customized PDFs for
usage guidelines
Generate Excel-sheets for usage guidelines
Common way of publishinginformation for MT and MX
Demo
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13Features
Analyse
Analyse, compare and assess immediately and efficiently
Compare message versions
and export to ExcelCompare and harmonize
usage guidelinesAssess release impact on usage guidelines
Manage standards releasesefficiently
Consult change requests and business drivers
on-line
Demo
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15Features
Implement
Generate processable output for efficient implementation
Use a single technology approach for MT and MX
Use schema’s to validate structure & syntax
Allows you to processtraditional MTs using commodity XML tools and XML APIs
Generate schema’s fornew releases fast
Generate market practice
schema’s
Generate schema’s for MT and MX
Demo
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Collaborate
Collaborate, share, comment and control using a single platform
Share comments on drafts and
reduce development time significantly
Share and controlaccess to your usage guidelines
Customize your own workspace
Share ideas and shape the evolution of MyStandards
Consult the directoryand request affiliations
Demo
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MyStandards
2. Analyse
1. Browse
3. Publish
4. Collaborate
5. Implement
StandardsEditor
3a. Browse
3b. Capture
3c. Edit
Off-line – Local PC
On-line – Web Browser
Capture guidelines
Upload
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Create conditional andusage rules
Add usage comments Push rules to
multiple elements
Restrict code lists
Change multiplicities
Describe which elements to use
and much more ….
With the off-line Usage Guidelines
editor
Capture guidelines
Capture and maintain guidelines in a formal, consistent way
Demo
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Corporates
Correspondents
Market Infrastructures
ETDA Market Practice Group
Share input and feedbackCentralize all informationGenerate market practice doc(if licensed) Generate market practice schema’sAssess release impact
Centralize all informationGenerate MI doc and schema’sAssess release impact
Provide formal specs using a consistent approach
Analyse release impactGenerate documentationGenerate schema’s
Provide customized, formal specsusing a single platform
Overview
Value for financial institutions
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Centralize all of your standards-
related informationSimplify creation and publication of
customer and internal guidelines
Automate analysis and release
management
Accelerateimplementation
Control and improve
your standards usage and
management
Value for ETDA & other market practice groups
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final version
Explore opportunities for harmonizationShare and publish
market practices on-line
Formally capture and maintain your market practices
Share and centralize feedback
on-line
Streamline your
market practice management
From draft to
Available licences
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Content and basic features
Analytical framework
PDF generationCollaboration
MT/MX/ISO 20022
Public & shared usage
guidelines
Advanced featuresCapture &maintain guidelines
Browsing
Excel & schema
generation
Premium service
Basicservice
Register for free license, upgrade when you want
Explore MyStandards now
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www.swift.com/mystandards
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1Log inwith yourswift.com credentials or register as a new user
2Browsethe base standards and public market practice information
3Contact usif you liketo evaluatethe platformfor yourorganisation
Coming next: MyStandards Readiness Portal
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Internet Portal
Publish specifications
Test against specifications
Publish test libraries
Monitor process (dashboards)
Use test libraries
YOU YOURCUSTOMERS
SWIFTMT
ISO20022
Benefits MyStandards Readiness Portal• Onboard new customers faster
• Deploy new services faster
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REVENUE ACCELERATION
COST SAVINGS
CONTROL
• Manage onboarding life-cycle
– Better accuracy, consistency and predictability
• Shared view with your customers
• Customer self-service model
– Offloads support team
• Early detection of problems
– Reduce expensive end-to-end testing cycles
• Easier maintenance of test libraries
– Completeness tests, impact analysis…
Q&A
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