Catherine Spencer & Nicolas Salomon ACTSR– 11 June 2015

CERN 2 World’s largest laboratory for particle physics International organization, run by 21 European member states Extensive global collaboration 10,000+ users of CERN data globally Three Nobel Prizes: Rubbia (1984), van der Meer (1984), Charpak (1992) Birthplace of the World Wide Web CERN today – more active than ever: Discovery of the Higgs particle LHC upgraded to reach higher energy

CERN - Today 3 Swift connectivity implemented 3 years ago via a service bureau  All major banks connected  Payments(SEPA/Swiss bank formats/MT101)  Cash management ( MT940)  Close to 10,000 messages (out) / month  E-notification if payment/file rejected Why? → One single channel  Security (CERN is permanently under hack attacks)  Automation  Ease of use  Reduction in bank fees (more flexibility as regards banks)  Enhanced controls Treasury

CERN - Today 4 Swift connectivity implemented 3 years ago via a service bureau  3 main banks connected  Transactions, Payments & Cash balances  Around 5,000 messages / month (MT1xx,MT3xx,MT5xx) Why? → a STP solution to facilitate the Back Office processes  Integration of an OMS  Automation  Ease of use  Settlement support (FX, Equity, Bond)  Difficulties to implement the solution with the custodian Pension Fund

CERN- Tomorrow 5 A one stop shop solution, using Alliance Lite (via ASP) Integration of CERN Treasury, Health Insurance & Pensions Pension Fund: Establish a robust STP process between, OMS and Banks via Swift Include transaction confirmation Treasury: Include treasury deals confirmation Further automation  Integration of all messages into the treasury system