SWIFT West Coast Business Forums 2009
August 17, 2009
Dates: October 27, 2009
Venue: The Langham, Huntington Hotel
1401 South Oak Knoll Avenue
Pasadena, California
This event is free of charge.
| Tuesday, October 27, 2009 |
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8:00 – 8:30
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Registration, Continental Breakfast and Demo Zone |
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8:30 – 8:45
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Welcome
- David Pryce, Managing Director, SWIFT Americas
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8:45 – 10:00
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Opening Plenary: “The Post-Crisis Global Payments Business: What’s Next?”
The future of payments technology is now. This is evident in the flurry of new payments capabilities that have been unveiled or are in production to meet the demands of consumers and companies for access to quicker, more convenient and flexible payment methods.
Join a number of financial technology and payments experts, for the latest developments on how consumers pay for goods and services—from mobile payments to micropayments.
Learn what is in store for the future of emerging technologies to enable its users to do everything from using a phone card to pay for a cab ride to swiping their mobile phone through a subway turnstile. And explore the impact of cutting-edge payments technology on the competitive landscape of the financial services industry.
Moderator: Erin McCune, Partner, Glenbrook Partners
Panelists:
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10:00 – 10:30
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Coffee Break and Demo Zone
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10.30 – 11:30
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Work Session I
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11:30 – 12:30
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Work Session II
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12:30 – 14:00
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Lunch and Demo Zone
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14:00 – 15:00
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Keynote speaker
- Gwenn Bézard, Co-Founder and Research Director at Aite Group, LLC, manages the firm's banking and payments practice. His recent coverage has focused on the transformation of the banking technology and payments industries and the alternative financial services sector.
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| 15:00 – 15:15 |
Coffee Break and Demo Zone |
| 15:15 – 16:00 |
Work Session III |
| 16:00 |
Close of the SWIFT West Coast Business Forum |
| Worksession I |
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A) MT-MX Coexistence Update: Are You Ready?
The coexistence of MTs and MXs is a significant challenge for the SWIFT community. We will review the landscape of activities surrounding this important topic and bring you up-to-date with what SWIFT is doing to make coexistence easier for everyone. Learn how this will impact your institution and your correspondents, counterparties and customers worldwide.
Speaker:
- Malene McMahon, Standards Department, SWIFT Americas
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B) Trade Finance: The Re-Engineering of Global Trade Finance – What will it Take?
Economic conditions over the past 18 months have changed the way banks offer trade finance. But what do corporates want: traditional trade finance, targeted supply chain financing, holistic supply chain solutions, new technologies? What trends will emerge as the global economy recovers?
Speaker:
- Chris Conn, Trade Finance, SWIFT Americas
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C) Payments on the Move
2009 is a watershed year that will feature new formats and new initiatives for wire and cross-border payments. Will you be ready? Join this work session for insight into the impact of the latest standards and operational changes on your business. Also learn how you can benefit from the new International ACH Transaction (IAT) payments standard as well as cover payments.
Speaker:
- Jim Wills, Banking Initiatives SWIFT Americas
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D) SWIFT in Securities and Treasury
This session will highlight initiatives and solutions that alleviate operational issues in the securities and treasury spaces. This includes Accord, a central matching service for FX, derivatives and now securities; FpML, the ‘de facto’ standard for communicating information on derivatives transactions; and proxy voting automation. Also learn how SWIFTNet supports access to CLS.
Speaker:
- Dennis Goodenough, Securities Initiatives, SWIFT Americas
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| Worksession II |
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A) Alliance Interface Evolution
What should you expect from Alliance in the future? How do the new products fit into the portfolio? What should you expect from Alliance 6.3 and the new Alliance Web Platform? This session will provide an overview of the recent developments in the Alliance portfolio and the product enhancements planned for 2010. Learn about SWIFT’s recently introduced Alliance Lite Internet-based service which provides direct, secure and low-cost access to SWIFT for low-volume corporates and financial institutions.
Speakers:
- Aravind Baliga, Technical Sales Services, SWIFT Americas
- Helene Rosenberg, Technical Sales Services, SWIFT Americas
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B) Where’s the Cash? Cash Management Reporting for Corporates
How can firms increase their visibility to cash, intra-day reconciliation and liquidity management? As cash management reporting standards continue to evolve, it’s vital for firms to understand how best to use tools to optimize their back office and gain even more efficiencies.
This session will examine transaction reporting in shared formats using a new technology. It will also address real-time reporting as well as bulk payments and FileAct. Learn about available options and their applicability in a live environment, as well as the progress on the latest X9 initiative to update the BAI specification to include ISO 20022.
Speakers:
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James Wills, Banking Initiatives, SWIFT Americas
- Elizabeth St-Onge, Managing Director, Treasury Strategies, Inc.
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C) Workers’ Remittances
SWIFT’s Workers Remittances 1.0 solution addresses the need to provide a standardized approach to process low-value person-to-person payments. This session will provide an overview of the value-added features of the solution along with a progress report on user participation and SWIFT’s plans to expand the offering. Learn how SWIFT can help you lay the foundation to gain a foothold into this exciting market.
Speaker:
- Jairo Namur, Banking Initiatives, SWIFT Americas
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D) XBRL and Corporate Actions: Working Together to Achieve Greater Transparency and Efficiency of Corporate Actions Processing
What are the problems associated with processing corporate actions announcements? What solutions can SWIFT provide to help the industry mitigate associated risks and costs? A key role of SWIFT is as a catalyst to help the industry simplify the complexity and improve the message quality of corporate actions processing, a complex undertaking with 60 event types including dividend or interest payment, merger and spin-off.
This session will provide a brief overview of SWIFT’s corporate actions initiatives. Learn how SWIFT, XBRL and DTCC are working together to link issuers more directly to investors to achieve greater transparency and improve the processing of corporate actions globally.
Speakers:
- Malene McMahon, Standards Department, SWIFT Americas
- Dennis Goodenough, Securities Initiatives, SWIFT Americas
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| Worksession III |
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A) Introducing Alliance Integrator: Integrating Your Business Applications with SWIFT
Enabling your business applications for SWIFT is not always an easy task. SWIFT and its network of certified Partners are here to help by providing a variety of integration and service solutions, covering broad requirements related to standards translation, reference data access, technology platforms co-operation and multi-network environments. This session outlines the main issues you might face in different integration projects. You will learn about SWIFT’s integration services expertise, our SWIFTReady EAI partner framework and our new Alliance Integrator product.
Speaker:
- Aravind Baliga, Technical Sales Services, SWIFT Americas
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B) Professional Services: Bringing the SWIFT Expertise Into Your Back Office
In this session you will learn more about SWIFT's comprehensive consulting services. Based on practical case studies, we will demonstrate how the SWIFT consulting teams have helped to improve customer service, mitigate operational risk, improve total cost of ownership and provide competitive benchmarking. You will also learn how to reduce time to market with the implementation of new products and solutions.
Speaker:
- Pat Antonacci, Professional Services, SWIFT Americas
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C) Where’s the Cash? Cash Management Reporting for Corporates
How can firms increase their visibility to cash, intra-day reconciliation and liquidity management? As cash management reporting standards continue to evolve, it’s vital for firms to understand how best to use tools to optimize their back office and gain even more efficiencies.
This session will examine transaction reporting in shared formats using a new technology. It will also address real-time reporting as well as bulk payments and FileAct. Learn about available options and their applicability in a live environment as well as the progress on the latest X9 initiative to update the BAI specification to include ISO 20022.
Speakers:
- James Wills, Banking Initiatives, SWIFT Americas
- Elizabeth St-Onge, Managing Director, Treasury Strategies, Inc.
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