• Products & services
• A to Z
• Consulting Services
• By customer
• By business area
• By type
  • Connectivity
  • Applications
  • Messaging
  • Standards
  • Reference Data
  • Business intelligence
• Partners
• Industry initiatives
• Release Timeline
• Pricing
• Sales contacts

 

ESES via SWIFTNet

SWIFT connectivity to the Euroclear Settlement for Euronext-zone Securities (ESES) platform is an excellent opportunity to leverage your investment in SWIFTNet.

Our connectivity solution is easy to integrate and operate, with minimal time, effort and investment. By choosing SWIFT for your ESES 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.
• Risk is greatly reduced.
• You'll capitalise on your in-house SWIFTNet expertise.

SWIFT provides

• 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; and
• flexible connectivity packages for new SWIFT users, including the option of either a direct or indirect (for example, via a Service Bureau) connection.

Using SWIFT services to connect to the ESES platform

ESES communications are possible through two different channels:

• An STP message-by-message channel: this uses SWIFTNet FIN (based on ISO 15022 messaging).
  Note: Euroclear France users can continue to use their E2A communication channel, based on RGV proprietary message formats, via SWIFTNet InterAct or FileAct.
• A manual channel: Euroclear provides two complementary options:
  • ScreenFlow: this will be the first version of the CCI manual interface and can be used for custody messaging in ISO 15022 format and payments messaging.
  • e-RGV: this manual interface can be used for settlement, payments and custody, but only in RGV proprietary formats.

Service availability

Euroclear confirmed the following key milestones:

• Participant Acceptance Test (PAT) Connectivity phase will start in April 2008. This will allow clients to first test the network connectivity, ScreenFlow deployment and log on (without accessing the underlying business application software), and the syntactical validation of ISO 15022 messages over CCI. This will be followed by testing of ScreenFlow custody screens and operator access management from May until the start of the below mentioned functional PAT cycles. Clients who are not yet using eRGV screens, will also have the opportunity to familiarise themselves with these screens.
• The first full end-to-end functional PAT cycle will start on 4 August 2008 and the second one on 20 October 2008. Both testing periods will be preceded by a launch rehearsal weekend; and
• The final ESES Stream 3 migration is scheduled for 28 November 2008 with the first settlement date on the ESES platform on 1 December 2008.

For more information, please refer to www.euroclear.com

Subscribing to ESES via SWIFTNet

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

Technical requirements for migration to the ESES platform

The picture below shows the interfaces required for your ESES communications.

• For STP message-by-message communications you will need a FIN Interface
• For manual communications:
  • ScreenFlow: This application (a Graphical User Interface) will be provided by Euroclear. To communicate via SWIFT, you need to install a new component on your SWIFTAlliance Gateway, the Web Services Host Adapter (WSHA)
  • e-RGV: This uses standard SWIFTNet Browse so, you will just need to install and configure your SWIFTAlliance WebStation.

More information on ESES

More information on ESES is available on the Euroclear website.

Help integrating the ScreenFlow and e-RGV

SWIFT has certified a number of SWIFT Service Partners in different regions on the specific procedures for integrating the required components into an existing SWIFTNet infrastructure.

SWIFT Service Partners work hand-in-hand with SWIFT to offer on-site assistance for all implementation, integration and migration programmes. They are accredited to deliver their services using SWIFT Certified experts. More information can be found here: list of Service Partners.

Ordering: What minimum SWIFT infrastructure is needed for ESES?

SWIFTAlliance Gateway 6.0 (Single Window, Automation or SAB Concentration license) and the Web Services Host Adapter, the new licensed component for your SWIFTAlliance Gateway that can be ordered through the normal SWIFT e-ordering channel (as a 'change' to your SWIFTAlliance Gateway license).
Please contact your SWIFT Account Manager to receive price information. To order additional interface components required for communicating with the ESES platform click here: Ordering section.

If you are not a SWIFT customer yet

Please contact the SWIFT office nearest to you or send a message to eses@swift.com.