nybf 2014 - business intelligence & swiftref
TRANSCRIPT
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
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