1. SWIFT & TARGET2
Event Name
Name
Date

2. Agenda Concept of TARGET2 SWIFTNet services & interfaces
SWIFT traffic pricing
TARGET2 Services SWIFT registration scenarios
Where to find help
Presentation title – dd month yyyy – Confidentiality: xxx

3. Concept of TARGET2 SSP “Single platform” system
TARGET2 Indirect Participant
“Single platform” system
Concentration of domestic euro RTGSs
Direct & indirect participants
Full set of SWIFTNet services and Interfaces
MT, MX and XML standards
Automated or manual access
Live November 2007
SWIFTNet
services
TARGET2 Direct
Participant
TARGET2 Direct
Participant
SSP
NCBs
Ancillary Systems

4. Full set of core SWIFT messaging services
TARGET2 Indirect Participants connected via TARGET2 direct participant
SWIFTNet FIN
payment message
Branch
TARGET2 Direct Participant
settlement
request
TARGET Direct Participant
authorisation/
refusal
Non EU Bank
SWIFTNet FileAct
Real-time
Store & Forward
SWIFTNet FIN Copy
Indirect
EU Bank
SWIFTNet Browse
On-line visualisation of information
SWIFTNet InterAct
Real-time
Ancillary
systems
NCBs

5. Full set of core SWIFT messaging services
SWIFT's core store-and-forward messaging service.
A secure, reliable, resilient, access controlled, structured store-and-forward messaging service.
SWIFTNet FIN
Secure browsing with standard internet technologies. Appropriate for data exchange in thin-client browser-based financial solutions. To be used with SWIFTNet InterAct and FileAct.
SWIFTNet Browse
SWIFTNet messaging
Secure, reliable, and STP-oriented. Appropriate for exchange of individual structured financial messages and short reports.
SWIFTNet InterAct
Secure, reliable, and flexible. Appropriate for exchange of files and batches of structured financial messages and large reports
SWIFTNet FileAct

6. SWIFTNet FIN & FIN-Copy: payment processing
order 1 4
Y- Copy 1
Payment Instruction MT103, 103+, 202, 204*)
TARGET2 Direct Participant
TARGET2 Direct Participant 2
Settlement request
(MT096) 2 5 3 5 3
Settlement response
(MT097)
SWIFT
Interface 4
Approved/Settled Payment Instruction received
SSP 5
Sender / receiver notification and reporting (Optional MT012, MT019, MT900, MT910, MT940, MT950 )
Settlement
Application

7. SWIFTNet Browse overview
Service user
Service provider
SWIFTNet
Workstation
(running Alliance WebStation and a standard Browser)
Web Server and
SWIFTNet Link*
SWIFTNet Browse enables secure browser-based access (over SIPN) from an operator using a standard browser and Alliance WebStation
to a service provider’s web server
* Typically used in conjunction with Alliance Gateway

8. SWIFTNet InterAct/FileAct
SWIFTNet Browse overview SWIFTNet Browse transparently combines two communication mechanisms
HTTP-S channel only authenticates the system of the end user
Service user
Service provider
Using non-managed Web certificates
HTTPS
Web Server +SNL
Using managed SWIFTNet PKI certificates
SWIFTNet InterAct/FileAct
Workstation
InterAct / FileAct channel authenticates the end user
SWIFTNet Browse allows to initiate InterAct or FileAct exchanges via a secure browser link. By doing so sensitive data can be exchanged with all the security and reliability inherent to the SWIFTNet platform, while preserving the benefits of a browser-based environment.

9. SWIFTNet InterAct is used in real-time mode query & response
Used either in the context of person-to-application solutions (with All. Webstation) or application-to-application (with All. Gateway)
Real-time
query & response
SWIFTNet InterAct Q& R: real-time exchange of information
XML messages for SWIFTNet InterAct: Cash Management Standards
Access to the SSP (mandatory and optional modules) through SWIFTNet InterAct:
Payments queue management
Liquidity management
Management of reservation and limits
etc…

10. The SWIFT XML Cash Management standards
Advice Statement
GetAccount & ReturnAccount
GetTransaction & ReturnTransaction
ModifyTransaction
CancelTransaction
GetLimit & Return Limit
ModifyLimit
DeleteLimit
GetReservation & ReturnReservation
ModifyReservation
DeleteReservation
GetMember & ReturnMember
ModifyMember
GetBusinessDayInformation & ReturnBusinessDayInformation
GetCurrencyExchangeRate & ReturnCurrencyExchangeRate
GetGeneralBusinessInformation & ReturnGeneralBusinessInformation
LiquidityCreditTransfer
LiquidityDebitTransfer
BackUpPayment
ModifyStandingOrder
Receipt 21
messages

11. SWIFTNet FileAct real-time and store-and-forward
FileAct Real Time and store-and-forward used for:
Reporting
Directory distribution
Store-and-forward file transfer
Typically used to reach
a large number of counterparties
Store & Forward: TARGET2 sender of files (TARGET2 Directory updates)
Typically used in the context of person-to-application solutions (with SWIFTNet Browse)
Real-time
file download
Used by TARGET2 participants to pull TARGET2 directory

12. Accessing TARGET2 Application-to-Application User-to-Application
ICM access
mode
ICM
user profile
Any user *
Alliance WebStation or
Alliance Gateway /
WebStation concentration
Alliance
Gateway
Single Window
Alliance
Access/
Entry
users
Connecting through a service bureau can be done in different ways, depending on the way the service bureau has implemented its configuration for their customers.
Alliance Starter Set
* It is assumed user is already a SWIFTNet FIN user

13. SWIFTAlliance Gateway – Licensing & pricing ‘An easy step approach’
Profile 1 :
“WebStation Concentration”
Benefits :
-Flexible SAB deployment
From 5 till 320 concurrent users
Price :
Starts at 7,500$ (5 users)
Profile 2 :
“Automated “
-Off-the-shelf application
integration using Agents
(FTA or TDA for < 200 InterAct or FileAct per day)
-Flexible SAB deployment
From 1 till 320 concurrent users
Starts at 14,000$ (1 User,
1 Agent)
Profile 3:
“Single Window”
-Can reside in DMZ
-Scalability & resource
optimisation
Resilience
Off-the-shelf application integration using Agents
(FTA or TDA)
Price:
Starts at 30,000$ (5 Users, 1 Agent, 1 Host Adapter) +
Traffic licence
SWIFTAlliance
Starter Set
-FileAct out-of-the box
1 concurrent user
6,500$
16,000$

14. Agenda SWIFTNet services & interfaces SWIFT traffic pricing
Ordering steps
SWIFT help & education
Presentation title – dd month yyyy – Confidentiality: xxx

15. SWIFT Traffic Pricing for TARGET2
FIN User-to-user pricing
Fixed price of 5.65 eurocent per chargeable unit, country independent
Standard billing
FIN from and to Market Infrastructure
Fixed price of 5.65 eurocent per chargeable unit, country independent
Reverse billing
FIN Copy pricing
Y-copy
Price dependent on total volume of daily copies of MI
Reverse billing
SN Browse
SWIFTNet InterAct or FileAct
Yearly fee depending on number of service end-users
Reverse billing
Global tier of Sender
International traffic
Reverse billing

16. Agenda SWIFTNet services & interfaces SWIFT traffic pricing
Ordering steps
SWIFT help & education

17. TARGET2 Services registration scenarios
– Ordering – Products and Services – TARGET2 service
E-ordering can undergo version changes. Therefore, the following e-order can be different to the one you will fill in. The e-order used in this document is the one for the Test service. If you want to subscribe to the Live service you have to additionally fill in the respective “Live” e-order.
Scenario 1   I subscribe to the Payments Module + Information and Control Module  
Scenario 2 I subscribe to Payments Module + Information and Control Module + Home Accounting Module
Scenario 3 I subscribe to Information and Control Module + Home Accounting Module  
Scenario 4 I subscribe to Information and Control Module + Central Bank Customers CUG
Scenario 5 I subscribe to Information and Control Module and/or Ancillary Systems Interface

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

19. e-MSSF for TARGET2 Service Subscription (2/7)
trgt.papss!p/ trgt.papss
Browse access to different modules
T2 full directory-pull mode
Environment : Pilot Production
SWIFT Services : FileAct, InterAct, Browse
Working mode : Real time
trgt.sfpapss!p/ trgt.sfpapss
Access to weekly T2 directory updates
SWIFT Services : FileAct, InterAct
Working mode : Store&Fwd
TARGET2 does not provide specific rules for a Distinguished Name (DN) tree structure. During the registration process, TARGET2 will link a participant DN to a TARGET2 account that it can reach by using the DN.
SWIFT strongly recommends that users adapt the DN naming to the new SWIFTNet Phase 2 rules.

20. e-MSSF for TARGET2 Service Subscription (3/7)

21. e-MSSF for TARGET2 Service Subscription (4/7)
Only use the “Advanced” button if you want to register additional DNs to the service.

22. e-MSSF for TARGET2 Service Subscription (5/7)

23. e-MSSF for TARGET2 Service Subscription (6/7)
Only use the “Advanced” button if you want to specify additional SWIFTNet Addresses and corresponding CUG-categories to send and receive messages for this service.

24. e-MSSF for TARGET2 Service Subscription (7/7)
Only use the “Advanced” button if you want to to change the queue name or use multiple queues to process different types of messages for this service

25. Service Administrator
Service subscription e-ordering process
Customer
NCB
Service Administrator 1
TARGET2
form
Approval
page
Approval
page
FIRST
Discuss with your National
Bank 2 7
Validation 5
ACK 4 6 3
Provisioning
Customer completes and submits the e-MSSF on SWIFT ordering site – swift.com
2. SWIFT sends automated acknowledgement to customer
3. SWIFT validates the e-MSSF
4. SWIFT sends automated for request to approve service subscription on swift.com
5. NCB approves the service subscription – submits the approval page of e-MSSF
6. SWIFT sends automated to 3CB to approve the approval page approved by NCB
7. Service Administrator approves on swift.com and submits the approval page to SWIFT.
At from this point, SWIFT commits to process the order within 2 weeks
8. Service (s) provisioning is executed
Reporting upon request:
- country reporting to the NCB’s
- global reporting to 3CB
CBs Approval
CBs will approve/reject the subscription requests
CBs will assign the Roles to the subscribers choosing among a predefined subset of "profiles", composed of different Roles
Service Administrator (SSP Service Desk) Approval
Then the SSP service desk, as Service Administrator, will make the second and final approval of the subscription requests 8

26. Customer Order on-line tracking
Online facility accessible from the ‘ordering’ section on com.
As a registered user, you can track the status of any order placed via the online ordering.
High-level view of all orders placed during the last 12 months (available as of 18 October 06)
real-time access to the current status of each order placed on swift.com.
view all orders for his/her institution, or for his/her entire hierarchy.
The customer can see if an order is being processed, is completed, or is rejected.
By clicking on a specific order, customers can access a copy of the order in order to view its content, and they can also view the detailed status of the order.
Monitoring the progress of an order in a detailed view
the status of major steps of process.
order submitted,
validation completed,
subscription approved,
service activation confirmed, software shipped, etc., are visible to the customer.
When applicable, advanced details are provided, such as shipment details, airway bill number, or legal follow-up information (for example, when a new customer joins its first service).
Has my software been shipped?”
“Is my configuration change request implemented?”
“What is the status of my subscription?”
“When is the service activated?”

27. Testing and live TESTING
Exchange authorisations with TARGET2 Test BIC TRGTXEP0
SWIFT activates TARGET2 services in Test mode
Start testing according to the test cases/scenarios as prepared by your National Bank
LIVE
Subscribe to the Live TARGET2 service on swift.com
Exchange authorisations with TARGET2 live BIC TRGTXEPM
SWIFT activates TARGET2 services in Live mode

28. Where to find help ? www.swift.com
Contact details of Network Providers and Business Partners
SWIFT on-line support and FAQ’s
Updates on vendor initiatives, activities and status

29. Q&A

30. Thank you