SWIFT @ ARC2017

Participate in highly interactive work sessions and demos at the SWIFTLab and get the most out of SWIFT at ARC 2017

SWIFT Lab

ARC 2017 features the SWIFT Lab, which will allow delegates to experience SWIFT’s products and services first hand. It is also a great opportunity to see the ongoing R&D work being carried out by SWIFT to develop new concepts, products and business models.

There will be a targeted pre-event workshop as well as a full programme of work sessions focused on how SWIFT’s products and services can support your business.

Workshops

SWIFT global payments innovation (gpi)

Monday 15 May 2017 - 14:00-17:30

Banks around the world are working with SWIFT to deliver the global payments innovation (gpi) initiative and create the next era for correspondent banking.

The initiative is a robust response to evolving bank and corporate needs for enhanced customer service and operational efficiency.  And it delivers an enhanced value proposition for correspondent banking by addressing key challenges facing the industry. Discover how this initiative is transforming the cross-border payments landscape and will enhance the end-customers’ experience.

14:00 - 14:15

Introduction & trade and correspondent banking flows in Africa

  • Onur Ozan, HeadDirector Corporate of Business Development, MENA and Turkey,  - META, SWIFT

14:15 - 15:00

Panel Discussion: Transforming the world of correspondent banking 

 

Huge investment is flowing into financial technology and disruptive FinTech companies are trying to eat into banks’ business, with many of them moving up the value chain from low value person-to-person transactions to offer an alternative model to traditional correspondent banking. However, banks are fighting back. They are investigating how disruptive technologies can support their businesses and are working together in unprecedented ways to improve the experience and reduce costs for the end customers. This session will look into how financial institutions are responding to new challenges and harnessing the potential of innovative technology to better serve their customers, and what SWIFT is doing to assist the community in defending their territory.

 

  • Stanley Wachs, Head of Bank and Corporate engagement, SWIFT gpi
  • Stanley Wachs, Global Head of Bank Engagement- gpi, SWIFT
  • Larize Nel, Portfolio Manager, CIB Africa Techmology, Absa Bank

15:00 - 15:15

Coffee Break

15:15 - 16:00

gpi Presentation

 

Banks around the world are working with SWIFT to deliver the SWIFT gpi initiative and create the next era for correspondent banking. The initiative is a robust response to evolving bank and corporate needs for enhanced customer service and operational efficiency. It delivers an enhanced value proposition for correspondent banking by addressing key challenges facing the industry. With the first live traffic exchanged in February 2017, we will explore how this initiative is transforming the cross-border payments landscape, and what it means for banks and corporates. We will also hear testimonials from banks in the process of implementing SWIFT gpi.

  • Jamy Maigre, SWIFT gpi Expert, SWIFT
  • Stanley Wachs, Head of Bank and Corporate engagement, SWIFT gpi (moderator)
  • Stanley Wachs, Global Head of Bank Engagement- gpi, SWIFT

16:00 - 16:30

In conversation

 

Payment market infrastructures (PMIs) play a critical role in facilitating the end-to-end tracking of cross-border payments. As soon as an international payment reaches a domestic or regional market, PMIs typically become involved for local clearing and settlement. This session will give a central bank’s view about the evolution of correspondent banking and gpi.

16:30

Closing remarks

National Payment Systems

Thursday 18 May 2017 - 10:15-13:15

Powered by BankServAfrica, McKinsey & Company & SWIFT

Workshop outline

African central banks and finance ministries are realizing that good payments infrastructure is vital plumbing for a prosperous emerging economy. A sound, efficient and highly accessible national payment system can fast-track economic development, but weak infrastructure can frustrate it.  In many countries in Africa, the banking community is engaged in debates about how to design payments infrastructure that will serve the needs of businesses and consumers, now and into the future. Global development agencies see the same challenge, and are redirecting financial aid into building better payments infrastructure as a way of kick-starting economic development.

But where do we start?  Is person-to-person mobile the key to success?  Can domestic business activity prosper without modern real-time funds transfer? And how can this be done in a way that provides flexibility for the future but keeps costs down?  Will investing in domestic card payments infrastructure yield faster development? Should the national design leap-frog legacy technology altogether and go straight to digital rich data solutions?

Who should attend?  

This workshop is designed for anyone interested in design of national payments infrastructure to support the economy as it grows – economic policymakers, central bankers, banking and payments associations and senior bankers.

Why attend?

Drawing on global expertise in leading edge payment systems design, the workshop will seek to apply the lessons of current efforts in payment system redesign in the developed world to the special circumstances of emerging economies. Right now, countries from Canada to India are engaged in wholesale payment systems redesign – and we can learn from them to benefit Africa.

Registration

You can register for this event by adding this workshop as an option to your ARC 2017 registration.

About

BankservAfrica is the largest payments clearing and settlements house in Africa and FMI (financial market infrastructure) solutions provider. 

McKinsey & Company is a global management consulting firm deeply committed to helping African organisations achieve lasting success, and serving a broad range of financial institutions.

SWIFT is a global member-owned cooperative and the world's leading provider of secure financial messaging services.

Work sessions

Tuesday 16 May - Thursday 18 May 2017

Join our SWIFT experts and attend seven interactive work sessions during ARC 2017.

Key topics include:

Customer Security Programme (CSP)

Safeguarding security across the banking community

 

The growing threat of cyberattacks has never been more pressing. Recent instances of payment fraud in our customers’ local environments demonstrate the necessity for industry-wide collaboration to fight against these threats. While SWIFT users have sole responsibility for protecting their own systems, SWIFT is committed to working closely with its customers to reinforce security and to address the persistent threat of cyber-attacks.  We have therefore launched the Customer Security Programme (CSP), which aims to improve information sharing throughout the community, enhance SWIFT-related tools for customers and provide audit frameworks.

Join this session to find out more about the general threat landscape and why protecting your SWIFT-related infrastructure is of utmost importance and learn more about SWIFT’s CSP and how it can help you.  

SWIFTSmart

For more than 30 years, SWIFT has provided open classroom training to its members on the fundamentals of SWIFT and the related financial industry’s ecosystem. Driven by SWIFT’s community mission to instill operational excellence, increase risk awareness and decrease security threats for all members, SWIFT launched a comprehensive and innovative eLearning platform, SWIFTSmart. This new interactive, cloud-based service provides a digital catalogue of courses to help increase reach and access of SWIFT expertise within your institution. Join this session to be the first to discover how SWIFTSmart can support your institution with faster onboarding of new staff, better understanding of SWIFT, increased productivity, ultimately leading to reduced day-to-day operational risk and greater efficiency in detecting security threats operating in your environment.

SWIFT Compliance portfolio

Remaining compliant with ever-changing financial crime regulation is challenging and expensive and not an easy task. You have to comply promptly and accurately with challenging regulatory requirements across multiple jurisdictions. As a result, compliance-related costs are increasing and require more internal resources. You’re charged with detecting illicit activity wherever it occurs. But you also have to keep control of costs and deliver unparalleled customer service. Join this session to find out more about SWIFT’s portfolio of innovative solutions inspired by the SWIFT community that will help you meet these challenges and control the costs of financial crime compliance.

The Alliance family and integration services with  Alliance Access and Alliance Messaging Hub

Join this session to find out about upcoming changes in the Alliance family with details about Release 7.2 and a view on SWIFT’s roadmap. In addition, we will share some of the latest developments in our consulting and integration services portfolio. We will focus on our operational excellence offering as well as tailor-made solutions. We will also highlight Alliance Messaging Hub, our highly customisable financial platform and demonstrate how we have helped clients with integration and business application requirements.

Cloud interfaces

Spotlight on the SWIFT Cloud ecosystem: Join this session to learn more about the SWIFT Community Cloud success story and our offering. The session will cover Alliance Lite2, Alliance Remote Gateway, as well as Alliance Lifeline and will highlight how these solutions are helping make it easier, quicker, cheaper and more effective to do business.

Resiliency

The resiliency and continuity of SWIFT connectivity is crucial for financial institutions and corporates. In this session you will learn more about market best practices of SWIFT infrastructure design and implementation to keep your SWIFT operation up and running at all times. We will provide a full explanation about the tools and products needed to increase your RTO & RPO ratios and back office integration availability and the importance of setting failover procedures in case of emergencies.

Corporates

Corporates are becoming increasingly international and are looking for industry-standard ways to work with multiple banking partners for cash, trade and corporate treasury. Join this session to find out why more and more corporates are joining the SWIFT network and how the SWIFT global payment innovation initiative is helping corporates track their telegraphic transfers and have predictability on fees.

News

De-risking in Africa on the rise, according to latest SWIFT data

SWIFT data shows that banks around the world are reducing their correspondent banking relationships with a focus on perceived higher-risk jurisdictions, including...
Our Solutions

SWIFT for Corporates

A portfolio of solutions for corporates built to overcome the challenges of multi-banking

CSP

Customer Security Programme (CSP)

Reinforcing the security of the global banking system

Compliance & Shared services

Compliance and Shared Services

Our collaborative solutions meet the challenges of financial crime compliance, and help to reduce cost, complexity and risk.
Product

SWIFTSmart

Self-paced, interactive eLearning, available anytime and anywhere.
Becoming SWIFT smart is easier than ever before.