swift for corporates: driving the shift from operational to strategic treasury focus with...
DESCRIPTION
SWIFT Business Forum Sri Lanka 2014TRANSCRIPT
Rahul Jain, Techincial Analyst, SWIFT Services Asia Pacific
SWIFT for Corporates: Driving the shift from operational to strategic treasury focus with connectivity tools
1
2
Connecting to SWIFTWhat are the basic elements require to use SWIFT?
??? Banking community
Securities community
Market Infrastructures
Corporates
SWIFT Interface
PKI
Security Officers
Network Connection
BANKAU2SBIC/BEI
Exchange messages
Exchange files
3
Connecting to SWIFTWhat are the basic elements require to use SWIFT?
Connectivity Summary
Private infrastructureSWIFTNet connectivity infrastructure owned and operated by the customer Apps
Users
VPN
Indirect connectivitySWIFTNet connectivity infrastructure owned and operated by third party
Apps
SWIFTNet
Users Shared infra
provider
VPN
SWIFTNetNetwork Partner
4
SWIFT Infrastructure Overview
VPNbox
Communication Layer
Network Layer &SWIFTNet Services
MessagingLayer
Application & Desktop Layer
Service specific interface
HSM
IntegrationLayer
FIN, InterActFileActBrowse
Integration Platform
Alliance Access / Entry (RMA)
Financial Application
Alliance WorkStation
Alliance WebPlatform/Messenger
Web browser
Financial Application
Alliance WebStation
Alliance Gateway
5
Private Infrastructure
Back-office system(s)
SWIFTNetInternet
VPN Box
VPN Box
Alliance Gateway
Alliance Access
Alliance Web Platform
Internet routers/modem – customer responsibility
Customer network
0
MQ
Hardware Security Module – PKI safekeeping
Correspondent
AFT
Real-time messaging via IBM WebSphere MQ
Virtual Private Network (VPN) boxes supplied by SWIFT to secure the communication over the internet
- Gateway Admin- Browse (PKI, routing)- Access Monitoring- Access Configuration- Access Messenger- RMA
Internet ExplorerNote: diagram does not show DR site which needs to be considered
SWIFT
Shared Infrastructure
SWIFT
Back-office system(s)
SWIFTNet
Alliance Access
Alliance Web
PlatformCustomer network
0
MQ
Hardware Security Module – PKI safekeeping
Correspondent
AFT
Alliance Gateway
- Gateway Admin- Browse (PKI, routing)- Access Monitoring- Access Configuration- Access Messenger- RMA
Internet ExplorerNote: diagram does not show DR site which needs to be considered
Service Bureau Network
Business applications not designed to
connect to SWIFTNet
Discrepancy between internal message formats and SWIFT formats
Yearly Standards Releases cause applications to be updated
Specialised SWIFT skills are hard to find
Complications are multiplied: multiple systems, multiple internal and external teams involved
8
Your integration challenges ?
8Alliance Access Integration Platform – 2012 - Confidentiality: Public
SWIFT’s answer to the integration challenge
9
Consulting Services
Integration
Platform
Alliance Access
Combining SWIFT services and SWIFT products
to offer a true end-to-end solution!
Alliance Access Integration Platform – 2012 - Confidentiality: Public
10
SWIFT Consulting ServicesDelivering an end-to-end solution
Analyse Design Implement Test Go-Live Care
• Bring SWIFT Skills & Experience & Approach
• Then you are free to focus on running your business
Alliance Access Integration Platform – 2012 - Confidentiality: Public
11
Alliance Access
Ap
plic
atio
n
Inte
rfac
e
Integration Platform
IPLA Internal API
FIN
In
terf
ace
SW
IFT
Net
In
terf
ace
SWIFTNet
Message store Message queuesMessage routing
Validation Transformation
Application 1
Application 2
proprietary format
SWIFT format
Co
nn
ecto
rs
proprietary form
at
Enrichment
Alliance Gateway
Application 3
Alliance Access Integration Platform (IPLA)Overall architecture
Getting more out of your messaging interface!
12
Benefits of the Integration Platform
Validations and reference data usageEqually applies to manually entered messages
Integrated in Access
No need to update your own systemsLess risk in implementing SWIFT
End-to-end SWIFT products and services offeringfor end-to-end SWIFT communication
Footprint and TCO reduction
Exchange proprietary
messages with Access
One stop shop
solution modelEnhance existing
flows
Community enablement
Getting more out of your messaging interface !
Productized integrationpackage