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SWIFT

Live TARGET2 service E-ordering at SWIFT. SWIFT. Agenda. Migration Windows. Migration Timeline. TARGET2 live subscription. E-ordering details. E-ordering process. Migration Timeline. 2007. 2008. 2006. Q1. Q2. Q3. Q4. Q1. Q2. M1. M4. Preparation Planning & Design. M2.

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SWIFT

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  1. Live TARGET2serviceE-ordering at SWIFT SWIFT

  2. Agenda Migration Windows Migration Timeline TARGET2 live subscription E-ordering details E-ordering process

  3. Migration Timeline 2007 2008 2006 Q1 Q2 Q3 Q4 Q1 Q2 M1 M4 Preparation Planning & Design M2 LiveGroup 1 start: 19/11/2007 LiveGroup 2 start: 18/2/2008 LiveGroup 3 start: 19/5/2008 M3 Ordering & Subscription Installation & Configuration TARGET2 User Testing NCB Acceptance testing Inter- oper- ability Con- nec- tivity Busi- ness Day Country Certification - Free testing

  4. TARGET2 live subscription In order to fulfil all market participants’ needs a wide range of possibilities to join the TARGET2 system is foreseen! Ways to access the TARGET2 system: • Direct participation • Multi-addressee access • Indirect participation • Addressable BICs www.swift.com • Ordering and Support • Ordering • Existing customers • Member Administered Services • Subscribe to TARGET2 services

  5. TARGET2 Services subscription Select an appropriate scenario, depending on the usage of the available TARGET2 modules

  6. e-MSSF for TARGET2 Service Subscription (1/7) TARGET 2 Market Infrastructure: I subscribe to the Payments Module + Information and Control Module

  7. e-MSSF for TARGET2 Service Subscription (2/7) Ordering BIC = Live BIC Preferred implementation date = Saturday before respective live date

  8. e-MSSF for TARGET2 Service Subscription (3/7) BIC of your National Central Bank Live BIC DO NOT USE THIS BUTTON – publication information: taken care of by your National Bank and TARGET2

  9. e-MSSF for TARGET2 Service Subscription (4/7) Level 2 DN Always MEMBER !! Only use the “Advanced” button if you want to register additional DNs to the service (e.g. Level 3)

  10. e-MSSF for TARGET2 Service Subscription (5/7) Live BIC SNL of LIVE-system If on Hub or Service bureau

  11. e-MSSF for TARGET2 Service Subscription (6/7) Level 2 DN Always MEMBER !! Only use the “Advanced” button if you want to register additional DN’s (e.g. Level 3) Recommended to create specific queue for TARGET2

  12. e-MSSF for TARGET2 Service Subscription (7/7)

  13. E-ordering process Customer NCB Service Administrator 1 TARGET2 form Approval page Approval page www.swift.com 7 2 Validation 5 Ack 6 4 3 8 E-mail web page Start of SWIFT provisioning

  14. Live service: other milestones • Exchange BKE keys with live TARGET2 BIC TRGTXEPM • SWIFT will activate the TARGET2 services in Live mode on the Saturday before the respective live dates.

  15. Support Support Your NCB SWIFT TARGET2 forms and SWIFT forms: Make sure they are CONSISTENT!!

  16. uestions & Answers

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