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SWIFT Cloud Trusted Cloud Connectivity from SWIFT Pierre Blum Head of Product Management

SWIFT Cloud - Pierre Blum

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Page 1: SWIFT Cloud - Pierre Blum

SWIFT Cloud Trusted Cloud Connectivity from SWIFT

Pierre Blum

Head of Product Management

Page 2: SWIFT Cloud - Pierre Blum

Need for connectivity to MI’s

Manual operations

Operational risk

Compliance

Security

High operational costs

Challenges in a multi-bank environment Different communication channels, standards and protocols

Fax

Domestic

protocols

Web portals

Host-to-host

Page 3: SWIFT Cloud - Pierre Blum

SWIFT: A single standardised channel

BANK A

BANK B

BANK C

Alliance Lite 2

My entity

Industry standards

Page 4: SWIFT Cloud - Pierre Blum

Shift to cloud application services End-users don’t want to invest, run or maintain on-premise business applications

Payments & cash

management

Treasury

Trade

Securities

4 Lite2 for Business Applications - Cloud

- Lower complexity

- Lower TCO

- Reduced implementation timeline

- No need to run and maintain technical infrastructures

Page 5: SWIFT Cloud - Pierre Blum

For companies it’s typically difficult to get through the

complex IT structure. We don’t need to have a bank

communication system in-house – it takes time, it’s

complicated, and it’s not Volvo’s core business.

Alliance Lite2 connect our business with all our banks

globally with easy and cost effective cloud connectivity

5 Lite2 for Business Applications - Cloud

Jörgen Holmgren,

Director Finance, Volvo

Page 6: SWIFT Cloud - Pierre Blum

End-customers are looking for ‘ready to use’ solutions

Challenges for Cloud solutions

Security: main concern when using cloud solutions

Data management: data location/retention, ownership & non-repudiation

Standardisation: coexistence of formats and protocols

Compliance: complex auditability

Lite2 for Business Applications - Cloud 6

Page 7: SWIFT Cloud - Pierre Blum

…2011 2012 2013 2014 2015

Alliance Remote Gateway

(ARG)

Alliance Lifeline

Alliance Lite2

Alliance Lite2

For Business Applications

The SWIFT Cloud portfolio

Alliance Lite

Page 8: SWIFT Cloud - Pierre Blum

SWIFT Cloud adoption Cumulative growth since Alliance Lite launch in 2008

0

200

400

600

800

1000

1200

1400

Jan-0

8

Ma

r-0

8

Ma

y-0

8

Jul-0

8

Sep-0

8

No

v-0

8

Jan-0

9

Ma

r-0

9

Ma

y-0

9

Jul-0

9

Sep-0

9

No

v-0

9

Jan-1

0

Ma

r-1

0

Ma

y-1

0

Jul-1

0

Sep-1

0

No

v-1

0

Jan-1

1

Ma

r-1

1

Ma

y-1

1

Jul-1

1

Sep-1

1

No

v-1

1

Jan-1

2

Ma

r-1

2

Ma

y-1

2

Jul-1

2

Sep-1

2

No

v-1

2

Jan-1

3

Ma

r-1

3

Ma

y-1

3

Jul-1

3

Sep-1

3

No

v-1

3

Jan-1

4

Ma

r-1

4

Ma

y-1

4

Jul-1

4

Sep-1

4

No

v-1

4

Jan-1

5

Alliance Lite Cloud portfolio

(Lite2, ARG, LifeLine, L2BA)

Nu

mb

er

of cu

sto

me

rs

1300+ customers

55% (2014 vs. 2013)

Page 9: SWIFT Cloud - Pierre Blum

SWIFT Cloud - GSC 2015

Customer distribution (January 2015)

36%

24%

41%

Corporates

Investment Managers & NBFI’s

Financial Institutions

30%

26%

44% Global UK

Page 10: SWIFT Cloud - Pierre Blum

…2011 2012 2013 2014 2015

Alliance Remote Gateway

(ARG)

Alliance Lifeline

Alliance Lite2

Alliance Lite2

For Business Applications

The SWIFT Cloud portfolio

Alliance Lite

Page 11: SWIFT Cloud - Pierre Blum

SWIFT Cloud : Your easy and cost-effective connection to SWIFT

Alliance Lite2 Simple, direct connectivity to SWIFT

At your premises

At SWIFT Cloud

Alliance Lite2 Back office

Easy access to SWIFT with light local footprint

Your own Business Identifier Code (BIC) for financial operations

Support automated & manual instructions

World-class security and reliability

Integration with your back-office through the SWIFT Integration

Layer

Page 12: SWIFT Cloud - Pierre Blum

…2011 2012 2013 2014 2015

Alliance Remote Gateway

(ARG)

Alliance Lifeline

Alliance Lite2

Alliance Lite2

For Business Applications

The SWIFT Cloud portfolio

Alliance Lite

Page 13: SWIFT Cloud - Pierre Blum

At your premises

Your interface (Alliance Access)

SWIFT Cloud

Your Infrastructure

SWIFT Cloud : Your easy and cost-effective connection to SWIFT

Alliance Remote Gateway (ARG) On premise interface with managed connectivity

Keep control of your SWIFT interface (Alliance Access) and full

flexibility for tailored implementations

Your data remains on your premises

SWIFT runs and maintains your connectivity components

Page 14: SWIFT Cloud - Pierre Blum

…2011 2012 2013 2014 2015

Alliance Remote Gateway

(ARG)

Alliance Lifeline

Alliance Lite2

Alliance Lite2

For Business Applications

The SWIFT Cloud portfolio

Alliance Lite

Page 15: SWIFT Cloud - Pierre Blum

Resilience

traditional setup

Connect to the SWIFT Cloud if your infrastructure is not available

Last resort solution?

Resilience setup

with Lifeline

Primary site Backup site SWIFT Cloud

Primary site Backup site

SWIFT Cloud : Your easy and cost-effective connection to SWIFT

Alliance Lifeline

Further increase your business continuity for critical operations

Cost effective additional operational resiliency

Covers all SWIFT messages, ISO20022 and proprietary formats

Page 16: SWIFT Cloud - Pierre Blum

…2011 2012 2013 2014 2015

Alliance Remote Gateway

(ARG)

Alliance Lifeline

Alliance Lite2

Alliance Lite2

For Business Applications

The SWIFT Cloud portfolio

Alliance Lite

Page 17: SWIFT Cloud - Pierre Blum

SWIFT Cloud : Your easy and cost-effective connection to SWIFT

Alliance Lite2 for Business Applications

App provider

At your premises

SWIFT Cloud

Alliance Lite2 Lite2 footprint Business

Application

Out-of-the-box SWIFT connectivity for Business Applications

(payments, cash management, trade, etc.)

Direct connectivity, no need to join third-party connectivity models

Quick implementation and faster return on investment

One-stop-solution for end-customers

Page 18: SWIFT Cloud - Pierre Blum

Towards 2020…

SWIFT will continue to deliver a trusted Cloud SWIFT Connectivity for

its community

SWIFT will keep evolving its Cloud Portfolio based on the needs of

the community

SWIFT will continue to strengthen its partnership with its members

and key partners supporting the adoption of the Cloud connectivity

The SWIFT cloud evolution will support the 2020

Strategy that we are currently defining with our

community…

Page 19: SWIFT Cloud - Pierre Blum

Questions & Answers

Update BBVA - March 2015