October 05 > 07
SWIFT at Sibos 2020 Programme
Monday 05 October
To the relief of many, the next deadline of the Central Securities Depositories Regulation (CSDR) was recently pushed to 2022. But make no mistake, it’s coming. This significant piece of legislation is set to usher in new era of efficiency in post-trade. However, it also carries with it a heavy load of requirements that market participants must ensure they are ready for, or risk financial penalties – and this in a time of already stretched resources and volatile market conditions. Help is on hand. Join our expert panel to learn more about the impact of the regulation on your business and what you can do to ensure your preparations are on track.
The Covid-19 pandemic has magnified the need for trade digitisation. With widespread working from home; supply chain, travel, and delivery disruptions; and couriers struggling to get through to lockdown locations in a timely way, there’s never been a greater catalyst to go digital. SWIFT and a group of leading banks embarked on an initial Proof of Value (PoV) to explore how current trade processes could be digitised, focusing on LC presentation. The service is now live – and free – and available to banks and SWIFT-connected corporates.
But we aren’t stopping there. SWIFT is taking the global trade digitisation effort one step further, in collaborating across the ecosystem. Join us, and our special guests, to find out how.
In the unrelenting battle in cybersecurity, while we have made significant strides toward making the financial service ecosystem safer, the threat actors are still around and sophisticated Advance Persistent Threat (APT) cyber attacks on SWIFT customers continue.
As the CSP undoubtedly 'raises the bar' in terms of customer's cyber hygiene, we realise that it is a significant security investment for customers to implement.
With much work still to do, this session will look at:
- How the cyber attacks profile has evolved and discernible patterns that we can all learn from
- How the community has adopted and implemented the CSP controls, and how compliance has tracked over time
- Measurable indicators that illustrate CSP effectiveness
- CSP future strategy and evolution
We have come a long way since the inception of CSP, but given the overall size of ‘funds attempted’ it is unlikely that the threat actors will stop any time soon. It is essential that customers redouble efforts and remain vigilant to better protect themselves.
Are you ready for the Universal Confirmations deadline? Remember, confirming the outcome of all your customer payments to the SWIFT Tracker is part of our Standards Release 2020, and is a mandatory requirement for all eligible SWIFT financial institutions.
With the clock ticking towards 22 November, join this session to hear about how other financial institutions have successfully navigated their Universal Confirmations project, discover some tips and tricks and find out how to kickstart your own project.
You’ll also hear about the benefits of Universal Confirmations, as well as the simple and convenient ways you can confirm your payments, including a deep-dive into our free Basic Tracker tool.
Tuesday 06 October
APIs have risen to prominence in recent years as a proven technology that can deliver innovative and cost-effective financial services to customers in real-time.
SWIFT has significantly invested in APIs to offer an open platform to access standardised and secure API services for the global community, but full scale adoption will take a sustained effort across the industry.
What benefits have APIs already delivered for institutions and their customers? What needs to be done next – and by whom – to foster an open API economy in financial services? And how can firms best monetise their API investment?
Join our panel of leading players from across the ecosystem to find out what’s next for APIs in financial services.
Institutions across the world are increasingly looking to the cloud to deliver greater agility, lower costs, and, ultimately, better experiences to their customers.
That’s why SWIFT has pioneered the development of Alliance Cloud, a new messaging interface built on the latest technologies that power cloud applications across the world. Engagement from our customers has been crucial to the development of this new high volume, fully resilient cloud-based messaging solution.
Join this session to hear the experiences of customers that helped co-create and pilot Alliance Cloud, and the significant benefits they expect to see going forward.
Learn more about our new strategic vision to support the payments business of financial institutions through instant and frictionless transactions. Our ambitious vision will support financial institutions to strengthen their positions in existing markets, as well as open bold new opportunities for the future.
In this session, senior SWIFT and industry leaders will guide you through our new strategy for payments, why it is timely, and the significant benefits to your business.
Wednesday 07 October
Creating a common language and model for transaction data globally, ISO 20022 is an open standard for payments messaging. By offering higher quality data, the new standard results in higher quality payments.
Join this session to discover the benefits of using ISO 20022 for payments, how it facilitates transaction management and the implications of the discontinuation of Categories 1, 2 and 9 MT’s by November 2025. The time to prepare is now!
This session is a primer on everything you need to know ahead of the start of migration to ISO 20022 for cross-border payments and reporting in November 2022.
Imagine a world where cross-border payments could be made by consumers and small businesses in an easy, predictable, fast and secure way. And directly from their bank account, to any account anywhere in the world.
Join this session to hear about how we’re working with a group of pilot banks to make this a reality.
Learn more about our new strategic vision to support the securities business of financial institutions through instant and frictionless transactions. Our roadmap for securities will bring about a step change in the business experience and allow access to deeper data insights than ever before. And it will provide end-to-end visibility of transactions to reduce settlement fails and fines.
In this session, senior SWIFT and industry leaders will guide you through our new strategy, why it is timely, and the significant benefits to your business.
Reducing fraud is one of the most challenging aspects of the modern financial ecosystem, and the threat is continuing to evolve, especially in times of crisis. In order to combat it efficiently, collaboration is key, both on a national and global scale.
In this session, we will look at national initiatives along with global bank-driven initiatives to understand how they can help the financial industry address this challenge.
Delivering instant, frictionless payments and securities processing
Shaping the future of payments and securities: Faster, Smarter, Better
What we do underpins the world’s way of life. And that way of life is changing...
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