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Update to the AMEDA Messaging Hub

Update to the AMEDA Messaging Hub. Prepared: Mohmed Hazem Sherif A. Razek. Our Achievements. MCDR and Strate on AMEDAs behalf driving the activities on the Hub project. MCDR to focus on Middle Eastern countries and North African Countries (MENA)

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Update to the AMEDA Messaging Hub

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  1. Update to the AMEDA Messaging Hub Prepared: Mohmed Hazem Sherif A. Razek

  2. Our Achievements MCDR and Strate on AMEDAs behalf driving the activities on the Hub project • MCDR to focus on Middle Eastern countries and North African Countries (MENA) • Strate and MCDR to create a link between them • Strate to focus on sub-Saharan African countries CSD to CSD links

  3. What was done since we last met • RMA Between MCDR and Strate • Investigating Linking Options • Direct connectivity costs to put lines between Strate and NileIT • VPN connectivity options to connect to Strate via Internet (this is not the best solution but good for Proof of Concept) • Other option is a european counterparty networking • VPN Connectivity cross linking both our SWIFT Service Bureau.

  4. Our Future Plans • Message Standardization by investigating the XML schemas and Messages to be used on the hub • Agreeing on a standardized bilateral agreements between AMEDA Members. • Analyze the impact of the proposed standards on AMEDA members systems. • Understanding market practice definitions require a lot of effort. • Getting AMEDA members to join the Hub based on the geographical location of the members.

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