Introducing Alliance Lite2. The easiest way to use SWIFT

Transcription

1 Introducing Alliance Lite2 The easiest way to use SWIFT

2 SWIFT Is a cooperative founded by and for the financial industry Provides platform, products and services that enable customers to exchange financial information securely and reliably Acts as catalyst in the financial community for collaboration around shaping market practice, defining standards and finding solutions to issues of mutual interest Alliance Lite2 March 2013 PUBLIC 3

3 SWIFT connecting the financial community Banks Corporates Insurance companies Broker-dealers Government institutions Investment managers Settlement systems Stock Exchanges Clearing systems Depositories Alliance Lite2 March 2013 PUBLIC Trustees Payment systems 4

4 Introducing Alliance Lite2 Alliance Lite2 provides a simple, secure, cloud-based SWIFT messaging solution Alliance Lite2 March 2013 PUBLIC 5

5 Alliance Lite2 Highlights Easiest way to connect to SWIFT Cloud-based, with a light footprint Peace of mind with SWIFT s world-class security, reliability, service and support Suitable for manual and automated operations for most message volumes Low start-up cost and usage-based pricing Alliance Lite2 March 2013 PUBLIC 6

6 Alliance Lite2 Light footprint 1 2 Standard broadband Internet connection Standard Internet Explorer browser 3 Standard Windows PC / laptop 4 SWIFT security tokens (USB) Alliance Lite2 March 2013 PUBLIC 7

7 Alliance Lite2 Key features Full-featured, best-in-class SWIFT interface in the cloud; supports all SWIFTNet flows Deployed from SWIFT Operating Centre for maximum availability and resilience Easy-to-use browser-based screens; light footprint Secure Internet connection from any location; option to connect over SWIFT VPN Setup service and global Support (24/7/365) standard; wide range of optional services Automation using lightweight AutoClient (automated file transfer) Alliance Lite2 March 2013 PUBLIC 8

8 How Alliance Lite2 works Alliance Lite2 USB Token to sign messages and files Secure connection Secure server Secure workflow SWIFTNet Interface Browser screens Automated File Transfer Internet or Alliance Connect VPN Alliance Lite2 Servers All SWIFTNet flows Financial Institutions Customer Premises Network SWIFT Operating Centres SWIFT Network SWIFT Community Alliance Lite2 March 2013 PUBLIC 9

9 Alliance Lite2 extensive services offering Turnkey Setup Operational Additional options* Requirements assessment and solution design Customisation to your specific needs Remote installation User tutorial End-to-end project management Standard+ Support (Global 24/7/365) Fully managed, highly resilient SWIFT Operating Centre Includes two standard configuration change requests annually at no extra charge Additional configuration changes RMA management Other options available ask your SWIFT representative *Additional charges will apply Alliance Lite2 March 2013 PUBLIC 10

10 Alliance Lite2 Pricing One-time setup fee All-inclusive monthly subscription fee based on usage Messages and files sent are charged as per standard SWIFT prices No surprises, all inclusive Alliance Lite2 March 2013 PUBLIC 11

11 Usage-based pricing Start small and grow seamlessly Light footprint No heavy infrastructure to maintain Best-in-class SWIFT interface in the cloud Full-featured, secure & reliable All SWIFT message types and files, all SWIFT Browse services Peace of Mind World-class security, reliability and support Integrated service offering Choose what s right for your business Alliance Lite2 March 2013 PUBLIC 12

12 Additional information Alliance Lite2 March 2013 PUBLIC 13

13 Your Alliance Lite2 subscription includes everything you need to connect 1 Live BIC8 and 1 Testing & Training BIC8 o Annual registration fee + interface destination o 1 Live logical terminal + 1 Testing & Training logical terminal Subscription to FIN, InterAct and FileAct Documentation + User Handbook (UHB) Online access including all SWIFT Standards Full BIC directory (online and built into the Alliance Lite2 screens) 2 Security Officers 10 USB security tokens Token driver AutoClient software (for automated file transfer) PKI certificates RMA yearly fee MA-CUG(s)/SCORE subscription (if applicable) 1 Browse service subscription (if applicable) Note: Additional Browse services will be charged separately Standard Plus Support (global 24/7/365) Access to Alliance Lite2 24/7/365, except during the Allowed Downtime Window OPTIONAL (additional charges will apply) Alliance Connect connectivity pack Subscription to applications and services such as Sanctions Screening Alliance Lite2 March 2013 PUBLIC 14

14 Alliance Lite2 continually adding new value Available now Archive copy of all messages on AutoClient (Additional customisation required) Automatic message printouts (As PDF on AutoClient, additional customisation required) Sanctions Screening, Trade Services Utility (TSU) (Additional subscription and fees apply) Coming soon Accord matching service (Additional subscription and fees will apply) Soft certificate for AutoClient (VPN connection required; AutoClient only manual entry always requires token) AutoClient support for Linux Availability timeline TBC ask your SWIFT representative for more details Alliance Lite2 March 2013 PUBLIC 15

15 Alliance Lite2 compared to Alliance Lite Alliance Lite2 Screens for all SWIFT MT & MX messages Automated file transfer for all MT, all MX & all FileAct messages Connection over Internet (standard) or Alliance Connect VPN (optional) All new customers & majority of others Multiple BICs Short maintenance window, higher availability Standard message price Alliance Lite Screens for most popular MT & MX messages Automated file transfer of all MT & most FileAct messages Internet connection only New low-volume customers Single BIC only Long maintenance window Special message price Alliance Lite2 March 2013 PUBLIC 16

16 Customer testimonials Alliance Lite2 March 2013 PUBLIC 17

17 CERN Pension Fund, Switzerland Reducing operational costs with Alliance Lite2 Our ambition was to raise our Pension Fund operations infrastructure to the level of excellence that characterises CERN s scientific and engineering activities. In a very short period of time, Alliance Lite2 has enabled us to do just that. Alliance Lite2 provides a secure cloud solution for connecting our Trading application service provider with the global SWIFT community of brokers and liquidity destinations without the need for large upfront capital costs. Nicolas Salomon, Head of Middle Office/Treasury, CERN Challenges 4 billion CHF pension fund dealing with 21 currencies High transaction costs for overall trading activities Limited access to larger trading network, leading to high broker costs Need to increase STP rates for pension operations Inability to connect to application service provider (ASP) via Service Bureau Solution Global integration of SWIFT flows with TradingScreen ASP solution, enabling STP of foreign exchange trades Clear migration roadmap and project management from SWIFT, minimising operational impact for CERN Alliance Lite2 cloud solution means no SWIFT infrastructure to maintain (strategic move from capital expenditure to operational expenditure) Benefits Achieved objectives to rationalise trading flow Full integration between Alliance Lite2, CERN and TradingScreen ASP One trusted provider to deal with (SWIFT), enabling secure access to global financial network Efficiencies from central operations leading to economies of scale and lower operational costs Alliance Lite2 March 2013 PUBLIC 18

18 Canadian National Railway, Canada Increasing back-office efficiency with Alliance Lite2 We decided to implement SWIFT cash reporting in our back office in order to further standardise and automate our treasury operations. After exploring various options, we selected Alliance Lite2 as the best way to start enjoying the benefits of SWIFT for our business. Alliance Lite2 has given us greater visibility over our cash management and helped us optimise our connections with our banking partners. It is simple and easy to use, and the Lite2 service and support from SWIFT has gotten us up and running in a matter of weeks. Paul Tawel, Senior Manager, Treasury Operations, Canadian National Railway Company Challenges Multiple web portals needed to manage bank accounts Insufficient visibility over global accounts and banking relationships Expensive to centralise accounts in concentrator bank Wanted more automation and standardisation Lack of experience with SWIFT standards and bank on-boarding requirements Solution Consulting support with onboarding and standards and best practices implementation Automated wire transfers over SWIFT Global cash overview from EOD cash statements over SWIFT End-to-end support: project management, implementation, collaborative troubleshooting Alliance Lite2 cloud solution means lower banking costs, greater flexibility Benefits Enhanced cash management thanks to better visibility and operational efficiency Increased automation, standardisation and straightthrough processing Reduced operational and settlement risk Lower costs by diversifying banking connections Greater flexibility and control over its banking relations Alliance Lite2 March 2013 PUBLIC 19