Related Pages

Euroclear selects SWIFT to provide secure messaging for new Common Communication InterfaceESES via SWIFTNet

External Links

www.euroclear.comwww.euroclear.com
 

CCI over SWIFTNet

Subscribing to CCI over SWIFTNet

In order to use the CCI services over SWIFTNet, you need to subscribe to the Test & Live services. Please follow this link to the e-ordering page.


Re-using your SWIFTNet infrastructure for reliable, secure, and low cost connectivity to Euroclear’s Single Platform.

Euroclear’s Single Platform consolidates and harmonises settlement and custody services across all markets in which Euroclear is active. The Common Communication Interface (CCI) is how Euroclear users will access this new platform.

Connecting to CCI over SWIFTNet is an excellent opportunity to leverage your investment in SWIFTNet, adding the benefits your SWIFTNet connection already delivers.

SWIFT’s connectivity solution is easy to integrate and simple to operate, with minimal time, effort and investment. By choosing SWIFT for your CCI connectivity, you’ll be re-using the same tried and tested SWIFTNet services and infrastructure that already serve other areas of your business. It means:
  • Costs and time-needed for the migration are kept to a minimum
  • Project risk is greatly reduced
  • You’ll capitalise on your in-house SWIFTNet expertise
SWIFT provides
  • secure messaging services for Euroclear clients to access the Single Platform
  • a fully resilient infrastructure
  • The highest availability, reliability and security in the industry
  • 24/7 support
  • a standardised environment, compliant with key European harmonisation initiatives, such as Giovannini, the European Commission's Code of Conduct and MiFID
  • flexible connectivity packages for new SWIFT users, including the option for either a direct or indirect (for example, a Service Bureau) connection
Using SWIFTNet messaging services to connect to the Euroclear Single Platform
Connecting to Euroclear’s Single Platform is possible through CCI over SWIFTNet, using a combination of the three channels below:
  • AutoFlow messaging – This STP message-by-message channel uses FIN and InterAct (based on ISO 15022 and 20022 message standards)
  • AutoFlow File Transfer – This STP file-transfer channel uses FileAct (file contents are based on ISO 15022 and ISO 20022 message standards)
  • ScreenFlow - A mandatory, manual channel (CCI Screen): This Euroclear GUI will connect through a Alliance Gateway equipped with a Webservices Host Adapter (WSHA)


Deployment
In addition to Support, customers implementing CCI over SWIFTNet will obtain project support. This service is available as of the registration of a testing slot for the Single Platform connectivity testing. This project support includes guidance through the different steps leading up to connectivity testing planned with Euroclear.


This project support includes:

Implementation project follow-up via email and calling campaigns taking into account your status and planning agreed with Euroclear;

Proactive notification of new CCI specific topics, covered in SWIFT’s Knowledge Base.

If you are a high volume user and/or have a complex configuration, an assigned SWIFT CCI implementation manager will also provide the following services during your implementation project:

  • Status reporting covering all BICs in scope of your CCI Implementation project
  • Regular status meetings via conference call (in function of your needs)
  • Handling of ad hoc questions regarding your CCI implementation project
Note: For current SWIFT Euroclear UK and Ireland customers the installation of the mandatory WHSA component and Euroclear’s Screenflow is part of the service package.

SWIFT ScreenFlow Implementation Service
If internal expertise or resources are not available for your ScreenFlow deployment, you can rely on the expertise of SWIFT and request the SWIFT ScreenFlow implementation service. It offers you an installation and configuration service for your WSHA product and Euroclear ScreenFlow application.

This service is delivered by SWIFT’s own technical experts or an accredited SWIFT Service Partner, under the direct responsibility of SWIFT. This ensures a smooth and efficient implementation. For detailed information please have a look at below mentioned CCI implementation Service for ScreenFlow document or contact your Customer Support Centre.

Availability
SWIFT’s CCI service will be available according to Euroclear's own programme timeline. For the exact dates of this migration, please contact Euroclear.

Euroclear aims to deliver Single Platform Custody as of Q1 2010, onto which corporate action processing for all Euroclear clients is to migrate, starting with Euroclear Bank and, in a second step, Euroclear UK & Ireland and ESES-zone together.


>> Details of the rollout and testing of CCI and SP Custody can be found on Euroclear's website.


Technical requirements
The picture below shows the interfaces required for your CCI communications.


  • STP message-by-message communications requires an interface capable of handling both MT (ISO 15022) and MX (ISO 20022) messages such as Alliance Access.
  • STP File Transfer communications requires a file transfer application connected to your Alliance Gateway. This could be FTA, your FIN interface (check with your FIN interface vendor), or another product.
  • Manual communications via the CCI screen (GUI) will be provided by Euroclear. To communicate via SWIFT, you will need to install a new component on your Alliance Gateway, the WSHA (Web Services Host Adapter).
More information
More information on the CCI is available on Euroclear’s website
Help integrating CCI infrastructure in your existing SWIFTNet infrastructure
SWIFT has qualified a number of SWIFT Service Partners located in different regions to address the specific details of integrating the required components in an existing SWIFTNet infrastructure.
SWIFT Service Partners work hand-in-hand with SWIFT to offer on-site assistance for all implementation, integration and migration programs. They are accredited to deliver their services using SWIFT Certified experts. Please visit the Service Partner page for more information.
Ordering for SWIFT customers
Please contact your SWIFT Account Manager for price information. To order the additional interface components required for communicating with the Single Platform, please visit our Ordering page
The Web Services Host Adapter is a new licensed component for your Alliance Gateway which can be ordered now through the normal SWIFT e-ordering channel (simply indicate a 'change' to your Alliance Gateway license).


Not yet a SWIFT customer?

Please contact your local SWIFT office or send an email to: mailto:cci@swift.comFor Technical support we invite you to contact your Customer Support Centre.

Help us to help you migrate
SWIFT and Euroclear wish to share information on the status of your company's migration to CCI (please see the consent form on Euroclear's website for details). The purpose of this information sharing is to enable SWIFT and Euroclear to further increase their cooperation with a view to better assisting you before and during your company's migration to CCI.
Documentation
Useful links to Euroclear webpages