Ed Adams

Head of Business

Development

SWIFT

2020 Strategy

Grow the core, build

the future

June 2015

SWIFT Business Forum Brazil - 1 July 2015 3

Extensive worldwide customer consultation

Community

Representatives

500+

70 Consultation

Meetings

200+ Financial

Institutions

Board

Offsite

Mar 2014

Consultation

Phase1

IR673 Jun 2014

Strategy

Exploration

March

2014

Assess Options

Consultation

Phase2

DP183 Dec 2014

Make Choices

ER1139 Jun 2015

Strategy

Definition

June

2014

June

2015

SWIFT Business Forum Brazil - 1 July 2015 4

Momentum from previous strategies

2006-2010

• FIN, InterAct, FileAct growth

• 50% Price Reduction

• Distributed Architecture

• FIN Renewal

• HSM Replacement

• FIN, InterAct, FileAct growth

• 50% Price Reduction

• Fixed Fee

• Distributed Architecture

• 100% FIN Growth

• 50% Price Reduction

• SWIFTNet Phase 2

• Alliance Lite2

• AMH

• Integration services

(T2S connector, IPLA)

• Alliance Lite

• Alliance Integrator

• SWIFTNet capabilities to Access

• Business Intelligence,

SWIFTRef, Sanctions

• MIRS

• Solutions: TSU, SWIFT Remit,

FIX, Proxy voting

• Business Intelligence

• Solutions:

Cash reporting

E&I

2001-2006 2011-2015

Messaging & Platform

Software & Connectivity

Shared Services

SWIFT Business Forum Brazil - 1 July 2015 5

Builds on SWIFT’s

existing business model

Messaging

Software &

Connectivity

Shared

Services

Standards Platform

200+ Countries and territories

10,800+

Financial Institutions Users

5,6 billion FIN messages per year

SWIFT Business Forum Brazil - 1 July 2015 6

Accounts for numerous

external drivers

Messaging

Software &

Connectivity

Shared

Services

Standards Platform

Geopolitics

Market

Drivers

Payments

Cyber

threats

Regulation

Market

Drivers

Securities

Technology

& Innovation

SWIFT Business Forum Brazil - 1 July 2015 7

SWIFT 2020 – Strategic priorities

Messaging

Software

& Connectivity

Shared

Services

Many-to-Many Market

Infrastructures

CORE

COMPLIANCE

MIs

SWIFT Business Forum Brazil - 1 July 2015

SWIFT 2020 Strategy has 3 key elements

Many-to-Many Market

Infrastructures

Messaging

Software

& Connectivity

Shared

Services

8

Expand and

deepen

offerings for

Market

Infrastructures

Grow and strengthen core ‘many-to-

many’ financial messaging, connectivity

and closely adjacent products and

services

Build our Financial Crime Compliance

portfolio to meet the full spectrum of

related challenges

SWIFT Business Forum Brazil - 1 July 2015 9

SWIFT 2020 – Strategic priorities

Messaging

Software

& Connectivity

Shared

Services

Many-to-Many Market Infrastructures

Financial Crime Compliance utility

BI, SWIFTRef, MyStandards

Services

AMH

Alliance Lite2

Integration

Services

Operational excellence

Platform investments

Payments and Securities growth

Corporates and IMI’s

MIRS

BI, SWIFTRef, MyStandards

Services

T2S, CLS, GLI

Real-Time Payment Systems

HVPMI and CSDs I

S

O

2

0

0

2

2

SWIFT Business Forum Brazil - 1 July 2015

SWIFT 2020 – Critical Enablers

10

Me

ss

ag

ing

S

oft

wa

re &

Co

nn

ec

tivit

y

Sh

are

d

Se

rvic

es

Innovation

at the Core

Customers

and

Communities

Operational

Excellence Talent

Financial

Management

11

Operational

Excellence

Security &

Resilience

Platform

Efficiency

SWIFT Business Forum Brazil - 1 July 2015

Platform and operational excellence

12

Critical Enablers

Innovation at the Core

Platform

innovation

Product

innovation Innotribe SWIFTLab

Evolve messaging

platform real-time

MIs, driven by New

Payments Platform

Australia (NPPA)

Industrialise CLS

and T2S solutions

Continue to develop

products in line with

market needs

Emphasis on strong

collaboration

Undertake ‘vertical

challenges’

Establish a global

network of ‘Heads of

Innovation’

Leverage SWIFTLab

for product

innovation

Expand SWIFTLab

across the regions

SWIFT Business Forum Brazil - 1 July 2015

13

Community

Dialogue

Geographic

Reach

Corporate

Social

Responsibility

Customer

Centricity

SWIFT Business Forum Brazil - 1 July 2015

Customers and Communities

14

Critical Enablers

Talent

Source and

develop talent to

match business

needs

Develop critical

capabilities for

the future

SWIFT Business Forum Brazil - 1 July 2015

SWIFT Business Forum Brazil - 1 July 2015 15

Pricing – Committed to decrease messaging unit cost

26.03

23.92

19.93

17.5

13.15

10.97

9.08

7.4

6.12 5.4

4.32 4.12 3.48

2.52 2.32

0

5

10

15

20

25

30

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Average Message Price Evolution (EUR cents per kChar)

-58%

-51%

-57%

“Collectively, the

Community will pay

16% less in 2015 than

in 2006 for a volume

that has nearly

quadrupled”

SWIFT Business Forum Brazil - 1 July 2015 16

ROAD 2020 T

O