Transcript Slide 1
SWIFT for Inter CSD Communications John Falk AECSD and IAEX Yerevan, Armenia, 6th October 2011 Securities Market Infrastructures on SWIFT 100 institutions from 58 countries Argentina Caja de Valores Armenia Central Depository of Armenia Australia Australian Securities Exchange Austraclear Austria OeKB Belgium Euroclear Belgium Euroclear Bank MTS National Bank of Belgium Brazil CBLC Bulgaria CDAD National Bank of Bulgaria Canada CDS Chile Deposito Centrale de Valores S.A. Croatia SKDD Czech CSD Prague Republic Denmark NASDAQ OMX VP Estonia NASDAQ OMX Estonian Securities Depository Egypt MCSD MISR Finland NASDAQ OMX Euroclear Finland France Euronext Paris MTS LCH.Clearnet Euroclear France Germany MTS Eurex Clearing Clearstream Banking AG Greece Hellenic Exchange SA Bank of Greece Hong Kong HK Exchange and Clearing HK Monetary Authority (CMU) Hungary Indonesia Ireland Israel Italy Keler KSEI Euroclear UK&Ireland Tel Aviv Stock Exchange MTS CCG Monte Titoli Japan Jasdec Bank of Japan Kazakhstan Kazakhstan Stock Exchange Central Securities Depository Kenya Central Bank of Kenya Korea Korea Securities Depository Kuwait Kuwait Clearing Company Latvia NASDAQ OMX Central Depository Bank of Latvia Lebanon Midclear Central Depository Lithuania NASDAQ OMX Luxemburg Clearstream Banking SA LuxCSD Mexico SD Indeval Netherlands MTS EMCF Euroclear Nederland New Zealand NZX Ltd NZClear Norway VPS Poland KDPW Portugal Interbolsa Banco de Portugal Qatar Doha Securities Market Romania Depozitarul Central Russian Federation National Clearing Centre Depository Clearing Company The National Settlement Depository Singapore The Central Depository (pte) Ltd Monetary Authority of Singapore Slovakia CDCP Bank of Slovakia Slovenia KDD South Africa JSE Ltd Strate Spain MTS MEFF Iberclear Sri Lanka Central Bank of Sri Lanka (LankaSecure) Sweden NASDAQ OMX Euroclear Sweden Switzerland SIX x-clear SIX SIS Taiwan TDCC Thailand Thailand Securities Dep Co Ltd Turkey Takas Bank United ICE Futures europe Kingdom London Stock Exchange EuroCCP LCH.Clearnet Euroclear UK&Ireland Ukraine The National Depository USA Chicago Mercantile Exchange Option Clearing Corporation OMGEO DTCC Federal Reserve Bank Zimbabwe Reserve Bank of Zimbabwe 2 Inter CSD Communication Today • Worldwide, many CSDs communicate Inter CSD using SWIFT – Many European CSDs – Link up Markets (including MCDR in Egypt and Strate in South Africa) • In AECSD – National Settlement Depository, Russian Federation – Depository Clearing Company, Russian Federation – Central Depository of Armenia – Central Securities Depository of Kazakhstan – The National Depository of Ukraine – Republican Central Depository of Belarus (planned) SWIFT for Inter CSD Communication : 6th October 2011 - AECSD & IAEX Yerevan, Armenia 3 Inter CSD Communication Why? • Use of International Standards as recommended by G30 • Fast to implement • Economical • Future proofed SWIFT for Inter CSD Communication : 6th October 2011 - AECSD & IAEX Yerevan, Armenia 4 Inter CSD Communication How? • Agreement on standards (Business and Technical) • Communication using SWIFT – Web based : SWIFT Alliance Lite – Bureau service : Example, use of service from NSD – Own infrastructure : SWIFT Alliance SWIFT for Inter CSD Communication : 6th October 2011 - AECSD & IAEX Yerevan, Armenia 5 Inter CSD Communication Resources • www.swift.com for details on SWIFT Alliance and Standards • www.ecsda.com for details on methods for Inter CSD communication • www.smpg.info for details on creating a Securities Market Practice Group in your country And • Alexander Nam, SWIFT Moscow [email protected] +7 495 228 59 23 SWIFT for Inter CSD Communication : 6th October 2011 - AECSD & IAEX Yerevan, Armenia 6 Thank you John Falk Director, Securities Market Infrastructures SWIFT Avenue Adele 1 B-1310 La Hulpe Belgium T D F M E W +32 2 655 31 11 +32 2 655 34 61 +32 2 655 37 52 +44 777 15 12 952 [email protected] www.swift.com SWIFT for Inter CSD Communication : 6th October 2011 - AECSD & IAEX Yerevan, Armenia 7