Implementing standards with the SDK

Theodore Rothschild, Executive Director, Treasury and Securities Services, J.P.Morgan

Jamie Harwood, Vice President, Global Financial Messaging, Citi

Makes it cheaper and more efficient to build and maintain standards for MX and MT

Helping you implement standards

A new set of tools and resources for standards implementers

Just what you need using the

technology you already have

Standards

Developer

Kit

Designed to help developers stay ahead with XML technology

MX Repository

Dictionary

- Business

Components

- Message

Components

- Data Types

- Business Actor

Message Catalogue

MT XML Schema Library

Standards Developer Kit (SDK)

• Packaged standards content in machine processable formats– MX repository

– MT/XML schemas and sample Java code

– Excel spreadsheets for analysts

– Translation testing tool

• Helps implementers create and maintain high quality MT and MX implementations faster and cheaper

• Commercial product priced: EUR 3,500-33,500 per year

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Customers & vendors

• 39 customers in 10 months

• Some existing customers: Citibank, Clearstream, BNY Mellon, Wachovia, Credit Agricole, IBM, SunGard…

• 3 case studies published on swift.com– Clearstream gains 30%

efficiency on ISO 20022 implementation

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An implementation perspective on…

• Market practice

• Open source technology

• Education

• Dealing with change

• ISO 20022 and enabling internal integration

• Beyond messaging, e.g. consulting, tools, SDK

• What should be next for SWIFT e.g. MT Semantic Rules