SWIFT for CORPORATES Multi-bank services for Corporates

SWIFT for CORPORATES Multi-bank services for Corporates CORPORATE BUSINESS DEVELOPMENT May 2017

AGENDA - About Swift - Swift for Corporates Portfolio - Secure Financial Connectivity - Value Added Services Connectivity Options Swift Integration Layer Solution Overview Scope for Corporates SwiftRef Global Payments Innovation (Basic Intro) - Q & A

About SWIFT A co-operative serving the financial industry since 1973 A provider of highly secure Financial Messaging services A Financial Standardisation organization 1 4, 0 0 0 + C U S T O M E R S S P R E A D O V E R 215 C O U N T R I E S O V E R 2 5 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 - Secure Financial Messaging Heritage Reach Technology Neutrality Established in 1973 by 239 banks in 15 countries Developed shared messaging platform for financial transactions Emphasis on security, reliability and availability Serving over 10 000 financial institutions across 215 countries Payments, Securities, Foreign Exchange, Treasury and Trade Reducing costs, improving automation, managing risk Store and forward, file transfer, interactive query & response Open standards SWIFT strives for 99.999% availability Industry-owned community Overseen by regulatory authorities Impartial to the data transacted across the messaging platform

The SWIFT Network a single channel to the banking world Security Resilience Reach 6.1+ billion FIN messages per year (2015) 11,000+ Entities

SWIFT connecting the financial community Corporates Banks Insurance companies Broker-dealers Government institutions Investment managers Settlement systems Stock Exchanges Clearing systems Depositories Trustees Payment systems

Current status Corporates segment Q4 2016 In Figures A growing community since first inception in 1999 1,726 2,727 46% 39% 27% Corporate groups using SWIFT Banks reached globally Fortune 500 companies on SWIFT Less than USD 1 billion turnover Less than USD 0.5 billion turnover Q4 2016 highlights 80 58% 772 38 20 Corporates joined SWIFT in Q4 2016 Of corporates that joined since 2015 went for Lite2 Corporates used ISO 20022 formatted messages Of Top50 SCORE banks are certified Of Top25 SCORE banks support 3SKey

SWIFT for Corporates 2020 strategy and ambition 2016 1,726 Corporates 2020 3,000 Corporates MORE Corporates MORE Usage MORE Products Covering all business areas Growing Bank readiness Promoting ISO 20022 adoption Beyond connectivity For Corporates and Banks

SWIFT for Corporates Portfolio Secure Financial A Single Channel Connectivity to the Banking World Global SWIFT network Connectivity and Integration Trade Finance Digital Solutions Cross-border Payments (SWIFTgpi) Common Industry Solutions (Multi-Channel) Reference Data Onboarding Solutions Compliance Services Identity & Mandate Management Global Industry Standards, Bank Readiness and Partner Programme

What are the needs of Corporates Today? How much cash do I have? $ What is my Cash distribution? How to automate, simplify and centralize cash reporting? Treasurer How to rationalize banking arrangements with banks FX/Interest rates hedging? Lower transactional costs?

Secure financial connectivity Dealing with multiple banking partners and solution vendors can be a challenging task for group treasuries Multi-banking requires complex and inconsistent channels, protocols and processes Lack of automation and visibility on cash positions Complex and manual processes Errors and fraud during manual interventions Complicated traceability and audit compliance

Secure financial connectivity Streamlining banking communication with multibanking technologies One bank agnostic gateway One infrastructure One security standard ERP TMS Others One documentation and compliance set 7,000+ banks on SWIFT

Secure financial connectivity Portfolio of Industry Standards supporting your various business flows* Business area Description SWIFT solution Payments Cash Management High-value & bulk payments Intraday and end-of-day statements MT 101 ISO 20022 pain MT 9xx, MT 210 ISO 20022 camt Foreign exchange Deal confirmations MT 3xx Trade Finance Letters of Credit, Demand Guarantees MT 798 ISO 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 Utility All file formats Securities Regulatory requirements Bonds, Equities, Investment Funds, Collateral Management Trade reporting, clearing and collateral management (EMIR/Dodd-Frank) MT 5xx ISO 20022 MT 300 All 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 acmt All file formats e.g. PDF, *Non-exhaustive list of business flows

Secure financial connectivity Adopting SWIFT s multi-banking industry standards Benefits Higher Efficiency & Reduced Costs across all financial transactions Centralise and automate and automate Dematerialised & standardised financial flows flows in a in multi- a multi-bank environment environment Unique business identification identification (BIC) (BIC) Transparent financial transactions using using ISO ISO standards for standards counterparty for identification counterparty identification A B O U T Visibility, control control & compliance & compliance Improved straight-through processing end-to-end Bank and and vendor vendor independence independence Corporates and banks can can make independent decision decision on technical technical platforms platforms and and implementations implementations Accelerate decisions Timely access to information allows for faster and better decision making

Value-added services Connectivity Options Integration Portfolio Swift Integration Layer Cash Reporting Scope for Corporates New! SwiftREF Global Payments Innovation

SWIFT Connectivity Options

Four options for connecting to SWIFT 1. SWIFT CLOUD CONNECTIVITY Light-weight SWIFT connectivity Alliance Lite2 Bank A YOURBIC8 2. SWIFT INSIDE a BUSINESS APPLICATION SWIFT access through third-party business applications Business Application Alliance Lite2 Lite2 for Business Applications Corporate 3. SERVICE BUREAU Third-party connectivity SERVICE BUREAU Alliance Access Bank B 4. ON PREMISES Powerful tailored solution Alliance Access BIC + Bank C

Corporate connectivity Per type All Corporates on SWIFT All Corporates on SWIFT since 2016 Lite Products 34% L2BA 10% Lite1 4% Lite Products 59% L2BA 27% Lite1 1% Lite2 20% Alliance Access/Allian ce Entry/AMH 11% Service bureau 55% Lite2 31% Service bureau 35% Alliance Access/Allia nce Entry/AMH 6% SWIFT for Corporates: Market adoption report for Q1 2017

Alliance Lite2 Solution Overview

Alliance Lite2 Solution Overview Easiest way to connect to SWIFT via HTTPS and manual access using the Alliance Lite 2 GUI. Automated flows can be reflected by utilising the Alliance Lite 2 Autoclient that is part of the package already. Authorization is based on USBtoken devices. CORPQAQAXXX HTTPS ERP/TMS Autoclient on dedicated hardware Automated process Manual Browser Interface

Alliance Lite2 Highlights Easiest way to connect to SWIFT Cloud-based, with a light footprint Peace of mind with SWIFT s world-class security, reliability, service and support Suitable for both manual and automated operations for most message volumes Low start-up cost and usage-based pricing

Alliance Lite2 - Light footprint 1 2 3 Standard broadband Internet connection Standard Windows PC / laptop Standard Internet Explorer browser 4 SWIFT security tokens (USB)

SWIFT Integration Layer Solution Overview

Transformation Swift Integration Layer Customer premises SWIFT premises Business Application 1 SIL Lite2 AutoClient File Business Application 2 Websphere MQ Lite2 SWIFT Web services Business Application 3 More connectivity options for business applications Support business application proprietary data format

SWIFT Scope for Cash Reporting

SWIFT Scope for Cash Reporting Business Challenges Client benefits Unique selling points Complexity to obtain centralized and consolidated cash positions across banks and countries Onsite multi-bank cash reporting providing access to 11,000 financial institutions worldwide Consolidated view on your daily global cash position Early availability of all statements at fingertips Intuitive, easy-to-use dashboards providing rich information on cash positions across banks, holding accounts, countries/regions, currencies, legal entities, transactions, etc. Advanced security with access permissions and data segregation Actionable data based on industry-leading analytics Limited integration effort Immediate business value of SWIFT s connection

SWIFT Scope for Cash Reporting Architecture MT940 Onsite multi-bank cash reporting based on daily MT940 statement information Treasurer Bank A MT940 MT940 Alliance Lite2/AutoClient Swift Integration Layer (SIL) MT940 Business Package Tableau Bank B MT940 Note! Banks send MT940 to a corporate over SCORE Metadata ( legal entities, accounts types, currency exchange, ) is maintained by a corporate Corporate has Oracle DB ( mandatory) FIN MT 940 only* Corporate MT940 Reference Data Oracle DB** Bank C *MT940 embedded in FileAct is not part of the solution and can be reviewed on a case by case basis. **Oracle DB is mandatory.

Functionality Monitor your Cash Balances Global By Banks By Regions/Countries By Legal Entities By Accounts By Currencies By Transaction types Historical evolutions Monitor you Transactions Debit/Credit Amounts in original and reporting currencies Transaction details and reference #s ( i.e. FCHG - bank charges, NTRF - bank payment, NLDP fixed term deposit, ) Additional functionality Set up thresholds for minimum/maximum cash positions at entity, account, bank, country levels Receive notifications on missing statements, new banks and accounts Select reporting currency ( EUR or USD) Extract data in Excel

Reference Data SWIFT REF

Reference Data Financial institutions Standard Settlement Instructions, IBAN and SEPA data National Bank Sort codes CNAPS-codes, IFSCcodes, CHIPS codes, Central banks, Banking associations IBAN format (ISO13616) BIC (ISO9362) LEI (ISO17442) Local Operating Units Financial information providers Legal Entity Identifiers (LEI) Credit ratings, annual reports, regulation & sanctions data All the reference data corporates need Worldwide, Accurate, Up-to-date, Any time and from a Single source

SWIFTRef adoption 26 new corporates adopted SWIFTRef in Q1 2017 Number of corporates registered to SWIFTRef Corporates connected to SWIFT 240 ( 15 new in Q1 2017) Non-connected corporates 282 ( 11 new in Q1 2017) Total 522

Global Payments Innovation The future of cross border payments

SWIFT gpi product suite Directory Tracker Observer Providing operational info on gpi members, BICs, currencies, cut-off times Essential reference data to calculate best gpi payment route End-to-end payments tracking database to monitor progress of a gpi payment Allows to track a payment s path in real time, obtain transparency on deducts and confirmation that payment was credited Business Intelligence dashboard showing bank compliance with gpi SLA. Ensure control, monitoring and enforcement of SLA, and, consequently, service quality Availability December 2016 via SWIFTRef Availability GUI: November 2016 MT 199 / API: April 2017 Availability Approach to be finalised: Q4 2016 Insights: April 2017 Analyser: Q4 2017

Q & A