Technology Tools for Treasury · 2018. 4. 3. · Technology Tools for Treasury. About SWIFT 2...

Karen Willis – Partner – Elire

Betsy Clark - Senior Cash Manager – Alliance Data

Michael Lewis – Regional Sales Manager - SWIFT

Technology Tools for Treasury

About SWIFT

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Industry owned, not-for-profit, financial services utility

Co-operativeorganization serving

the financial industry

Provider ofhighly secure

financial messagingservices

Financialstandardization

organization

1 0 , 0 0 0 + C U S T O M E R S S P R E A D O V E R 2 1 2 C O U N T R I E S

O V E R 2 0 M I L L I O N M E S S A G E S / D AY 9 9 . 9 9 9 % AVA I L A B I L I T Y

SWIFT for Corporates

About Alliance Data Systems, Inc.

3

Industry leader in Retail Financial Services

� Publicly traded global provider of loyalty and marketing solutions, such as private label credit cards, loyalty programs and direct marketing

� Marketing services are derived from the capture and analysis of transaction-rich data

� Alliance Data grabbed the #1 spot in this year's Dallas Morning News' Top 100 Places to Work list

� 135 Retail Programs

� S&P 500

�18 year history

About Our Project…

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Global Infrastructure for Future Growth…

� Domestic Bank Reporting, EDI Payments, and Automated Bank Reconciliation

� Deal Management for Bank Facility, Investments, and Conduit with STP Payments

� Global Bank Reporting and ISO20022 STP Payments with SWIFTREF ABA, BIC, IBAN Directories

� Regions--US, Canada, EMEA, APAC (including SEPA)

� Intraday Liquidity via Automated Global Cash Positioning

�75% STP of Bank Reconciliation Items

�STP of Global AP Vendor Pmts & TR Funding Flows in Central Factory

Phase 1

Phase 2

Phase 3

About Elire…

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Industry leader in ERP Treasury Implementations

� Partners with 20 years of experience in the finance and technology

� We guide our clients to Choose Success by implementing, integrating, and upgrading software in the areas of …Treasury/Financial Services, Supply Chain, HCM, andAdvanced Technology

� Provide Strategic Roadmap guidance and design for many clients

�150 clients

� Many in Fortune 100

�10 year history

Treasury ManagementLeading Business Trends

• Increased globalization and risk

• Move toward centralized operations

• Heightened regulation of liquidity

• Newly available cloud technology

Recent study … 95% of spreadsheet models were found to cont ain major errors…and 59 % were judged to be of poor design

Disparate Sources of Information

Phone

Fax

E-mail

Spreadsheets

Mail

Single Source of Truth with TMS Workstation

Cash & Treasury

ARAPGL Payroll POOrders

SingleData

Model

SingleData

Model

Treasury Best PracticesSingle Source of Truth

TMS

ExternalSystems

• BAI2• SWIFT • FILEACT• ISO XML• TWIST

Banks

Proof of Cash Recon

GeneralLedger

AR

AP

Treasury

Payroll

Stmts & Pmts

$$

$$ $$

Treasury Best PracticesSeamless & Timely Reconciliation

BTB Reconciliation

Treasury ManagementProcess Improvement Solutions

Limited Cash Visibility Global Cash Visibility

Country Perspective Centralized Cash Control

No Global System Cloud-based TMS or ERP

Inefficient Banking Standardized BAI-ISO-TWIST

Manual Spreadsheets Centralized TMS Workstation

Manual Payments ISO Straight-thru-Processing

Manual Proof-of-Cash High Performing Auto Recon

SWIFT for Corporates

Technology Trends for CorporatesShared, scalable resources delivered via the Web

Cloud Service OfferingsPrivate, Managed, Hybrid

SWIFT for Corporates Evolution

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PaymentsCash ManagementForeign ExchangeMulti Asset Class

Matching Trade Finance

Supply Chain FinanceRegulatory Requirements

eStatementseBAM

Reference DataGlobal Industry

StandardsImplementation

GuidelinesFast Onboarding

Personal PKI Certificates

User EntitlementsTraceability

Single Sign-on

Payment AssuranceFaster Payments

Pre-shipment FinancePost-shipment Finance

A/R Reconciliation

Trouble-free payments and

SEPA compliance

Identity and mandate

management

Certainty and efficiency in the

supply chain

Secure financial connectivity

SWIFT for Corporates

Treasury EvolutionEnabled by SWIFT for Corporates Cash

Management

Corporate

YOURBIC8

YOURBIC8

YOURBIC8YOURBIC8BIC

SWIFT Network Access

MT and ISO 20022

Cash Statements

Payments

FX..Matching..Trade Finance..eBAM

SWIFT for Corporates

Business area Description Standards Examples

Payments High-value & bulk paymentsMT 101ISO 20022 painEDI820, NACHA

CashManagement

Intraday and end-of-day statementsMT 9xx, BAIISO 20022 camt

Foreignexchange

Deal confirmations MT 3xx

Multi Asset Class Matching

FX/MM, Derivatives, Commodities, SecuritiesMatching on Accord & AffirmationsMT 3xx, MT 5xx, MT 6xx

Trade Finance Letters of Credit, Demand GuaranteesMT 798ISO 20022 tsrv

Supply Chain Finance

� BPO based services (risk mitigation, pre/post-shipment financing, faster payment)

� Approved payables financing (proprietary)

ISO 20022 tsmt on Trade Services UtilityAll file formats

Regulatoryrequirements

Trade reporting, clearing and collateral management (EMIR/Dodd-Frank)

MT 300All file formats

eStatements Electronic end-of-period statements All file formats e.g. PDF

eBAM Account (opening, closing) and mandate management (signatories, user entitlements)

ISO 20022 acmtAll file formats e.g. PDF, …

Secure financial connectivityMultiple Industry Standards across your various business flows*

*Non-exhaustive list of business flows14

SWIFT for Corporates

Corporate Adoption -– Q1’2014

New Corporate groups: 45 (55% vs. Q1 2013)

20%

10%

70%

Americas

Asia Pacific

EMEA

Traffic (FIN 31% FileAct 49% Q1 2014 vs. Q1 2013)

Bank adoption

1,720 banks (BIC8)

offering corporate connectivity

47 banking groups certified

� 573 banks (BIC8)

� 120 countries

Corporate adoption (BIC8)

3SKey: 38 banking groups

BPO: 56 banking groups 42%

FORTUNE Global 500

On SWIFT

SWIFT for Corporates

Per corporate turnover & banking partners

Corporates by annual turnover (USD)

Corporates by number of banking partners

$1-10Bn28%

>$10Bn31%

<$1Bn41%

>20 banks13%

10 to 20 banks21%

5 to 9 banks29%

<5 banks37%

>$10Bn30%

$1-10Bn34%

<$1Bn36%

63% of SWIFT-connected corporates deal with 5 banks or more

64% of SWIFT-connected corporates have a turnover >$1Bn

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Corporate connectivity

SWIFT for Corporates

Questions and Contacts

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Betsy ClarkTitle Senior Cash Manager – Alliance Data

Tel: 214.494.3635

Email: betsy.clark@alliancedata.com

Karen WillisTitle: Partner- ElireTel: 703.431.2965

Email: karen.willis@elire.com

Michael LewisTitle: Regional Sales Manager - SWIFTTel: 212.455.1840

Email: michael.lewis@swift.com

SWIFT for Corporates