Business Intelligence &

SWIFTRef New York Business Forum

Joanna Beer & Chetan Cariappa

4 March 2014

Business Intelligence roadmap Mining the unique SWIFT data and beyond

2

Economics

BI for

Compli-

ance

Value

added

analysis

(services)

RMB

tracker*

Publishing

tools

(products)

Existing

Exploration

Development

Global

Transaction

Banking

Compliance Securities Treasury Others

SWIFT

Index

Currency

Index

Watch

Value

Analyser

Watch

Securities

Analyser

Watch

Insights

for Secur.

Watch

Insights

for C.B.**

Intraday

liquidity

reporting

BI Consulting Services

Central B.

balance of

payments

Watch

Traffic

Analysers

Enriched

data

Billing

Analyser

Message

cost An.

* Additional trackers are under investigation. Examples: Asean, Trade finance

** Correspondent Banking

NEW

Watch Analytics today

Watch Analytics migration – Community Webinar 3

• Playground of data

• Cloud platform - Zero footprint logic

• Help you make fact based decisions

• Different types of Analytics

For Payments:

The details of charges specify which party

will bear the charges for the transaction

The Initial Ordering country field and the

End Beneficiary country specifies the

financial institution of the ordering customer

and the financial institution which services

the account for the beneficiary customer

End Beneficiary countries for MT103

in EUR sent by France

For Trade Finance:

The Tenor is the length of the letters of

credit taking the Expiry date minus the

issuing date or the MT sent date.

The Confirmation of the Letters of Credit

(LC’s) field contains confirmation

instructions for the Receiver

* Visuals on this page are built on fake datasets Watch Analytics migration – Community Webinar 4

Watch Analytics Data Enrichments through Services

Compliance workshop 5

Help Banks identify possible anomalies in their

transaction activities by

• Providing an overview of the overall context

through SWIFT total activities

• Providing a comprehensive view of a bank’s

transaction activities, across all subsidiaries,

with all their correspondents

• Helping banks analyse their transactions by

benchmarking vs SWIFT totals, vs peers

• Providing risk analysis tools/visuals and

alerting mechanisms to help detect potential

anomalies

Objective

Compliance Analytics Leveraging SWIFT traffic data for risk monitoring

RISK

MONITORING

swiftref

The new name in reference data

Visit us at www.swift.com/swiftref

Who’s the USD-correspondent of

Afriland Bank Is this BIC still

active?

Your needs..

Which BIC belongs to this IBAN?

What is the national

clearing code of Bank of Taiwan ?

What is the ownership of

Stuttgart Bank ? Which IBAN and BIC correspond to my

suppliers’ local account?

What is the BIC of Banco

Real?

How do I build a Bank

Master in SAP?

Is this IBAN valid?

SWIFTRef - purpose

SWIFTNet for connectivity

SWIFT/ISO standards for the format

SWIFTRef for identification & routing

MT103

reference

data

Efficient messaging

+

+

=

Your needs..

• increasing regulation pressure and demand

• SEPA, FSA, LEI, … Compliance

• Quality data from guaranteed source

• Data is complete, linked and up-to-date Risk

• Straight-through-processing, repair costs

• Data collection – multiple data sets = limited integration = high cost

Cost

Coffee Break

SWIFT Business Forum New York - March 4, 2014 10

Lunch

SWIFT Business Forum New York - March 4, 2014 11

Courtesy of