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The global provider
of secure financial messaging services

Tuesday, 3 March 2015

08:00 – 09:00 a.m. 

Registration and Continental Breakfast

09:00 – 09:30 a.m. 

Welcome from SWIFT

This session will set the scene for the conference, providing an overview of SWIFT's activities over the past year, a summary of progress as we enter the final year of the SWIFT2015 planning cycle together with a preview of the thought processes shaping SWIFT's 2020 strategy.

  • Yawar Shah, Chairman of the Board, SWIFT 
  • Chris Church, Chief Executive - Americas, SWIFT

09:30 – 10:30 a.m.  

The Changing Face of Payments; the next frontier

The current environment is putting additional pressure on organizations to increase processing efficiencies, reduce costs, while enhancing products and services all while complying with regulation.  This panel will cover key market trends including real time, drivers for implementing ISO20022 domestically and internationally, convergence of payment instruments and new market entrants. What are the implications for providers and participants? What are the major considerations? What will the market look like in 10 years?


  • Stacy Rosenthal, Head of Shared Services Products, Initiatives, SWIFT Americas


  • Richard Dzina, Senior Vice President and Product Manager, Wholesale Product Office, Federal Reserve Bank of New York

  • Edmund Esch, Managing Director, USD Clearing Product Management, BNY Mellon Treasury Services

  • Russ Waterhouse, Executive Vice President Product & Strategy, The Clearing House

10:30 – 11:00 a.m. 

Coffee Break

11:00 a.m. – 12:00 p.m. 

Work Sessions I

12:00 – 12:30 p.m. 

Product Showcase

12:30 – 1:30 p.m. 


1:30 – 2:15 p.m. 

Could new entrants and crypto-protocols threaten the correspondent banking model?

The practice of correspondent banking still at the heart of most cross border payments. However, every day we read announcements in the press about new entrants, start-ups and crypto-protocols challenging correspondent banking. The payments industry is closely watching these developments, as many commentators believe that "the wire" is no longer fit for purpose to meet today requirements for real-time, low-cost, transparent transactions - in particular for low value person-to-person but also to some extent for corporate payments. With the continued de-risking, closing of nostro relationships and more examples of global direct-to-ACH payments, some even declared that "correspondent banking is dead". Hear from this panel of experts who will help you understand the latest forces that could be disruptive to the global corresponding banking business - and, if that model is considered no longer future-proof, what the new model could look like.


  • Wim Raymaekers, Head of Banking Markets, SWIFT


  • Cheryl Gurz, Managing Director, Emerging Technology Segment, BNY Mellon Treasury Services
  • Marc Hochstein, Editor in Chief, American Banker
  • Houman Shadab, Professor of Law, New York Law School

2:15 – 2:45 p.m. 

Product Showcase 

2:45 – 3:15 p.m.

Coffee Break

3:15 - 4:15 p.m.

Work Sessions II

4:15 - 5:00 p.m.

Combating the Financing of Terrorism:  Strategies for Success

Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) has been a financial industry requirement for years.  While the major focus has been on AML and Sanctions, the industry is also asking how have the financial methods of terrorists changed, and what do we need to do to monitor them?  Learn how to follow the money as the terrorists adopt techniques very different from money launderers.  Dennis Lormel directed the FBI’s comprehensive terrorist financing initiative after 9/11.  Be it, Al Qaida, ISIL, Boko Haram or home-grown organizations…what is it we need to do? This session will be an eye opener to all.

  • Dennis Lormel, President, DML Associates LLC & Former Head of the FBI Anti-Terrorist program

5:00 - 5:15 p.m. 

Closing remarks

5:15 - 7:00 p.m. 

Welcome Cocktail Reception