SWIFT Customer Security Programme

The growing threat of cyberattacks has never been more pressing. While SWIFT’s network, software and services have not been compromised, each of these incidents took place after a customer suffered security breaches within its locally managed infrastructure. SWIFT customers are individually responsible for the security of their own environments, however, the security of the industry as a whole is a shared responsibility. As an industry cooperative, SWIFT is committed to playing an important role in reinforcing and safeguarding the security of the wider ecosystem.

SWIFT Customer Security Programme

The growing threat of cyberattacks has never been more pressing. While SWIFT’s network, software and services have not been compromised, each of these incidents took place after a customer suffered security breaches within its locally managed infrastructure. SWIFT customers are individually responsible for the security of their own environments, however, the security of the industry as a whole is a shared responsibility. As an industry cooperative, SWIFT is committed to playing an important role in reinforcing and safeguarding the security of the wider ecosystem.

Comply with SEPA regulation now and discover how SWIFTRef brings entity data identification to the next level

The IBAN Only rule has disrupted the foundation for straight through payments processing where the availability of accurate BICs and IBANs and the capability to derive the BIC from the IBAN is proving to be a challenge for financial institutions. At the same time, increased regulatory requirements necessitate more reporting, prioritisation and transparency of entity data management.

Bringing down barriers – Simpler corporates onboarding with MyStandards

Join this session to discover how MyStandards simplifies onboarding projects for both banks and corporates. Hear from first-hand experiences how the self-service testing capabilities offered by the MyStandards platform helps reduce risk, time and effort for all parties involved in onboarding projects. In this panel discussion you will learn how to overcome this common challenge and understand why more than 65% of the top 20 banks in this field are using MyStandards as a cost-effective solution to improve the onboarding of new customers.

SWIFTSmart: Bridging the knowledge gap

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 instil operational excellence, increase risk awareness and decrease security threats for all members, SWIFT will be launching a comprehensive and innovative eLearning platform, SWIFTSmart. This new interactive, cloud-based service will provide a digital catalogue of courses to help increase reach and access of SWIFT expertise within your institution.

SWIFT for Securities: New solutions to industry challenges

Global capital markets are going through a period of disruption and change. Market initiatives such as T2S are challenging traditional processes and roles, a rising tide of regulation is foreseen to increase the need for accurate data strategies and new technologies will threat well-established operational models. Changing times require strong strategic decisions. With communication flows growing exponentially (securities traffic today accounts for 50% of SWIFT overall traffic), securities markets play, more than ever, an essential role in SWIFT 2020 strategy.

Eagerly awaited: The first results from the global payments innovation initiative pilot

Transforming words into action, 21 global transaction banks have upgraded their systems to pilot the SWIFT global payments innovation (gpi) initiative since February this year. Following intense testing with SWIFT, their counterparties and corporates worldwide, they are now ready to share their experience and first results of that pilot. Join this session to hear from these early adopters about their exciting journey and learn how your bank can also go live with this initiative.

The global payments innovation initiative: A new standard in cross-border payments

With the global payments innovation (gpi) initiative, SWIFT is setting a new standard in cross-border payments. Announced in December 2015, over 70 of the largest transaction banks have signed up. They will provide their customers with same day value of funds, transparency of fees, and end-to-end payments tracking similar to international parcel shipping companies. In addition, there is a vision and pragmatic roadmap to digitally transform cross-border payments. Join this session to hear from banks and corporates why your bank cannot miss out on this game-changing initiative.

SWIFT’s intraday liquidity offering, a key service to comply with BCBS 248 and to optimise your liquidity

A large number of institutions started an intraday liquidity project but still face challenges to collect and normalise data at transactional level. Join this session to discover how SWIFT’s current 4 steps approach and SWIFT Scope can help your bank in its intraday liquidity implementation project.

Increasing agility and reducing costs – Embrace the SWIFT Community Cloud!

Cloud-based solutions are being adopted by more and more organisations in the financial industry, from investment managers, to banks and corporates. The cloud is a key enabler for increased agility and improved cost-efficiencies in support of an institution's business strategies. Over the years, SWIFT has evolved its offering with the SWIFT Community Cloud portfolio, providing a single and direct connection to the financial industry.