1. MyStandards and SMPG
SWIFT
April 2012

2. Agenda 1. Overview of MyStandards for SMPG (10’)
2. Live Demonstration (45’)
3. Next Steps (5’)
4. Q & A (15’)

3. Overview - MyStandards in a Nutshell (1)
… a collaborative web platform
MT / MX / ISO 20022
Market Practices
Browse
Analyse
Capture Market Practices
Publish
Implement

4. Overview – MyStandards in a Nutshell (2)
Content-centric Market Practice management
Create/modify and upload MPs content with specialised tool
As message based MPs
As documents attached
Generate and download documents (Excel / PDF) on demand
MP Comparison and Release Impact Analysis
Granular access control
Detailed search of content
Contextualised Q&A on specifications

5. Overview - MyStandards in a Nutshell (3)
Editor 2
Download
Application
User PC
Upload MPs 1
Web Browser
Internet
MyStandards
Web Application
Interact with
MyStandards

6. Overview - MyStandards for SMPG
SWIFT has committed to provide MyStandards access to SMPG for free as of General Availlability of version 1 (i.e., May 2, 2012)
May 2012
P i l o t
G e n e r a l A v a i l a b i l i t y

7. Overview – www.smpg.info & MyStandards
How will and MyStandards Coexist ?

8. Overview – www.smpg.info & MyStandards
Governance
Publishing
making market practices available to the industry
management of SMPG activities

9. Overview - www.smpg.info & MyStandards
MyStandards v1 will not replace the “Governance” functionality initially
will
remain the SMPG governance portal
continue to be the main entry point
Gradual Adoption - Each WG to decide the speed at which they will adopt MyStandards

10. Some basics and a demonstration
MyStandards and SMPG
Some basics and a demonstration
SWIFT
April 2012

11. MyStandards SMPG Basics
When a market practice is uploaded to MyStandards it is uploaded into a specific location or ‘group’
SMPG
TIC SR CA IF
To be set up in May.
NMPG groups will be set up upon request
Send an to
NMPG
SR GB
CA GB
IF GB
etc

12. MyStandards SMPG Basics
When a market practice is uploaded to MyStandards it is uploaded into a specific location or ‘group’
The market practice will have a specific status:
Public Everybody can view the market practice information no matter which ‘group’ it is located
Private Private means it is visible only to the group in which it is uploaded. Only members of the group can view the information
Restricted Similar to private, but ‘bilaterally or multilaterally shared’ across different groups

13. MyStandards SMPG Basics
TIC
SMPG SR
SMPG CA
SMPG IF
NMPG
SR GB
NMPG
CA GB
NMPG
IF GB
etc
All users will be able to view public content of all the groups.
But, for example, if there is private content in CA, then only members (affiliates) of the CA group will be able to view it.

14. MyStandards SMPG Basics
TIC
SMPG SR
SMPG CA
SMPG IF
NMPG
SR GB
NMPG
CA GB
NMPG
IF GB
etc
Each group can appoint one or more individuals with publisher status. There will be one or more administrators for each group.
Each group can appoint one or more individuals with publisher status. There will be one or more administrators for each group.
Publisher - has the right to upload to MyStandards & analyse. Administrator – allows someone to be a member of the group

15. Different Kinds of users of MyStandards
[1] Consumer – can view anything uploaded as ‘public’.
(swift.com\MyStandards, log-in with your swift.com user name and password, or use the register function to set up a user name and password. You don’t need a BIC to register.)
[2] Consumer & member (affiliate) of a specific group – can view anything uploaded in the specific group designated as ‘private’ or ‘restricted’
[3] Publisher - for example, can upload a market practice into a group for which it has publisher status, compare MPs, generate spreadsheets for a message or MP.
[4] Administrator – can accept/remove member (affiliations) into the group for which it has administrator status.

16. MyStandards – the components
View MTs & MX
View market practice
Comment on a market practice
etc
MyStandards
(Swift.com/MyStandards)
Import (upload) a message usage & other documents to MyStandards
Usage Guideline Editor
Enter market practice
Only publishers can download the editor.

17. Market practice
MT 543 in UHB
MT 543 global use
CH use
etc
Market practice is a restriction on how a message is used.
For example, Subscription Order (setr.010) may have 50 fields, but globally agreed practice is 20 fields. IT
domestic practice might use
25 fields. And so on …
MT 564 in UHB
MT 564 global use
LU use
etc
These restrictions can be captured formally in the usage guideline editor (and then uploaded to MyStandards).
setr.010 in UHB
setr.010 global use
IT use
etc

18. MyStandards – Usage Guideline Editor
Enter market practice
Examples of the kinds of restrictions that may be entered:
An optional field or element or sequence must not be used
An optional field or element or sequence must be used
A code word must not be used
A repetitive field or element must not be present more than n times
A field or element could be populated but is ignored.
A field or element must contain a given value.

19. MyStandards Demonstration - Structure1
View a message, compare 2011 & 2012 versions - MT 543
MyStandards
(swift.com/
MyStandards) 2
View a market practice MT 543 – ZA, compare ZA against global 3
Comment on MP – MT 564
View new MP (setr.010) 6 5
Import to MyStandards
Impact Analysis
(MT 564) 7
Usage Guideline Editor 4
Enter a MP, prepare to upload (setr.010)

20. Divider slide – come back here after the demonstration!

21. MyStandards – demonstration summary1
MyStandards
View a ‘base message’ (MT 543)
News feed Workspace Base Standards Usage Guidelines Directory
Base Standards
Standards News
MT Standards
MX Standards
►Category 5
Comparison of two versions of a standard (MT 543) b
►MT 543 Deliver Against Payment
+ General Information A GENL M N
+ Trade Details B TRADDET M N
+ Financial Instrument/Account C FIAC M N
+ Two Leg Transaction Details D REPO O N
+ Settlement Details E SETDET M N
+ Other Parties F OTHRPRTY O R
Name Code M/O R.N a

22. MyStandards – demonstration summary2
MyStandards
View an NMPG market practice & comparison against the global market practice (MT 543)
SMPG S& R Settlement 543 Deliver Against Payment
ZA S& R Settlement 543 Deliver Against Payment
+ General Information A
- Trade Details B
+ 16R
+ 94b Place
+ 98a Date/Time
+ 35B Identification of Financial Instrument
+ 16S
+ Financial Instrument/Account C
+ Settlement Details (E)

23. Market Practice review & commenting
Actions comment in MP c
Usage Guideline Editor d
Upload revised MP 3
Convener / delegate
Reviews MP comments b
MyStandards
We need specification for these codes
This field should be set to Ignore
This format option must not be used
We can be more precise and set these field to ‘must not be used’
Review & commenting a
Mr. Smith
Review a market practice – post a comment (MT 564)
MyStandards
Interest Rate is not applicable to a bonus issue. We should consider designating his field as ‘not to be used’
Comments

24. MyStandards – demonstration summary4
Usage Guideline Editor
Enter a market practice (subscription order setr )
Message Identification
Pool Reference
Previous Reference
Multiple Order Details
Master Reference
Place of Trade
Order Date Time
Expiry Date Time
Requested Future Trade Date
Investment Account
Beneficiary Details
Individual Order Details
Order Reference
Upload a market practice
MyStandards
Add a Usage Guideline 5
Impact Analysis
(MT 564)
MyStandards 7

25. Usage Guideline Editor
Best Practices
Standards
MyStandards – Usage Guidelines Editor
This document provides best practice recommendations for users of the MyStandards Usage Guideline Editor defining their message usage guidelines
6 April 2012

26. MyStandards – what’s in it for us?
A more formal and less ambiguous method to specify the use of a message.
Should ease the implementation
of a standard at institution level
All market practice, NMPG and other usage restrictions in the same place, following the same conventions.
Easier collaboration for the review of a market practice and consensus building.
Efficient way to compare a number of local practices to determine the preliminary global practice.
Allows easier impact analysis when a standard changes.
Easier migration of a market practice from one
version of the standard to another.
FREE TO SMPG
etc

27. MyStandards – Next steps
SWIFT has been entering MPs on smpg.info into MyStandards.
MyStandards – Next steps
Get the SMPG groups set up on MyStandards (SWIFT).
GRADUALLY
Each SMPG group will defines it’s own pace for the ‘uptake’ of MyStandards.
Review the posted MPs for accuracy as it has not been verified. Fine-tune as necessary.
When uploading a reviewed MP, upload it into its official group.
Use the tool in work sessions, etc, to capture MP, etc.
Continue to maintain MPs so that MyStandards is the central place for MP definitions, both global & local.

28. Swift.com/MyStandards
Q & A
Swift.com/MyStandards