MyStandards & MyStandards

Readiness Portal

SWIFT Business Forum Brazil 2015

Omar Lago-Rodriguez, Standards Product Manager,

SWIFT

1 July 2015

Financial

Institutions

Market

Infrastructures

Market

Practice

Groups

44 premium organisations

35 market practice groups

12 000+ registered users

MyStandards continues to grow

2

Bank to corporate segment

• 14 out of the top 20 banks on MyStandards for the

corporate to bank segment

• More than 1,000 corporate on-boarding portals already

created by customers

• Growing interest from corporates and vendors

Agenda

• MyStandards & Readiness Portal

Overview

• Live demo

– Defining your message specifications

– Testing with the Readiness Portal

– On-boarding process

– Annual standards updates,

SR2015, etc.

4

MyStandards Overview

what need does it fill?

5

• Creating & maintaining customer facing

documentation on how messages are

formatted

• Staying current with the annual revisions

to the SWIFT MT standards and ISO 20022 changes is time

consuming and manual

• Testing and on-boarding of corporate clients takes months, is

costly and time consuming

– Testing is often a manual exchange of emails containing sample

messages. This is time consuming and frustrating for both the bank

and the corporate

Statements

MT940

Payments

CAD

MT101

Payments

CGI

Pain.001

MyStandards Overview

• MyStandards has three main

parts

1. MyStandards web platform

• Base standards content, and comparison

• Manage and publish your client facing usage guidelines

• Other publishers usage guidelines

2. MyStandards editor

• The editor is used off-line to define

usage guidelines

• The usage guidelines are then

uploaded into the MyStandards

web platform

6

MyStandards Readiness

Portal Overview

7

3. MyStandards Readiness Portal

builds upon, and is accessed

from MyStandards

– Internal testing

– Standards Release testing

– Bank/client self-service testing

– Test against the organization’s

specific usage guidelines

– Reduces support &

hand-holding when bringing

on new banking partners

8

Q&A

?

9 SWIFT Business Forum Brazil - 1 July 2015

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SWIFT Business Forum Brazil - 1 July 2015 11

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