slide 1 swift live target2 service e-ordering at swift
TRANSCRIPT
Slide 1
SWIFT
Live TARGET2Live TARGET2serviceservice
E-ordering at SWIFTE-ordering at SWIFT
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Agenda
Migration WindowsMigration Windows
Migration TimelineMigration Timeline
TARGET2 live subscriptionTARGET2 live subscription
E-ordering detailsE-ordering details
E-ordering processE-ordering process
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Migration Timeline2006 2007 2008
Installation & Configuration
Ordering & Subscription
M1
LiveGroup 2
start: 18/2/2008
Q1 Q2 Q3 Q4
Preparation Planning& Design
Certification - Free testing
M2
M3
TARGET2 User Testing
Con-nec-tivity
Inter-oper-ability
CountryBusi-nessDay
NCB Acceptance testing
M4
Q1 Q2
LiveGroup 3
start: 19/5/2008
LiveGroup 1
start: 19/11/2007
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www.swift.com Ordering and Support Ordering Existing customers Member Administered
Services Subscribe to TARGET2
services
TARGET2 live subscription
Ways to access the TARGET2 system:
a. Direct participation
b. Multi-addressee access
c. Indirect participation
d. Addressable BICs
In order to fulfil all market participants’ needs a wide range of possibilities to join the TARGET2 system is foreseen!
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TARGET2 Services subscription
Select an appropriate scenario, depending on the usage of the available TARGET2 modules
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e-MSSF for TARGET2 Service Subscription (1/7)
TARGET 2 Market Infrastructure:
I subscribe to the Payments Module + Information and Control Module
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e-MSSF for TARGET2 Service Subscription (2/7)
Ordering BIC = Live BIC
Preferred implementation date = Saturday before respective live date
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e-MSSF for TARGET2 Service Subscription (3/7)
DO NOT USE THIS BUTTON – publication information: taken careof by your National Bank and TARGET2
BIC of your National Central Bank
Live BIC
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e-MSSF for TARGET2 Service Subscription (4/7)
Only use the “Advanced” button if you want to register additional DNs to the service (e.g. Level 3)
Level 2 DN
Always MEMBER !!
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e-MSSF for TARGET2 Service Subscription (5/7)
SNL of LIVE-system
Live BIC
If on Hub or Service bureau
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e-MSSF for TARGET2 Service Subscription (6/7)
Always MEMBER !!
Recommended to create specific queue for TARGET2
Only use the “Advanced” button if you want to register additional DN’s (e.g. Level 3)
Level 2 DN
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e-MSSF for TARGET2 Service Subscription (7/7)
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www.swift.com
TARGET2 form
NCB Service Administrator
Approval page
Approval page
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4455
66
77
88
Customer
Validation
33Ack
Start of SWIFT provisioning
web page
E-ordering process
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1. Exchange BKE keys with live TARGET2 BIC TRGTXEPM
2. SWIFT will activate the TARGET2 services in Live mode on the Saturday before the respective live dates.
Live service: other milestones
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Support
Support
TARGET2 forms and SWIFT forms:
Make sure they are CONSISTENT!!
Your NCB
SWIFT
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&&uestions
Answers