1. OTC Derivatives Solutions The Russian Derivatives Market Conference 2012 Joe HALBERSTADT 11 September 2012

2. SWIFT – a worldwide network & community 2 10 000+ Institutions worldwide 10 000+ Institutions worldwide 209 countries Secure, reliable, financial communication Payments Securities Trade Payments Securities Trade Treasury ( including FX, Rate and Commodity) Treasury ( including FX, Rate and Commodity) SWIFT OTC Derivatives 500+ institutions in Russia +31.3% growth in Russia (Top5 in 2011)

3. SWIFT in OTC Derivatives - Introduction SWIFT OTC Derivatives3 Cost effective solutions for regulatory compliance Established solutions in the OTC derivatives space Further development to support new regulatory paradigm Cross- jurisdiction and multi-provider

4. OTC Derivatives – established SWIFT solutions SWIFT OTC Derivatives4 Credit Rate FX Equity Comm- odity FpML over SWIFT – Broker confirmations and custodial notifications FpML over SWIFT – Broker confirmations and custodial notifications FIN Confirm- ations Accord Matching FIN Confirm- ations Accord Matching FIN Confirm- ations Accord Matching FIN and ISO20022 Collateral messaging FIN and ISO20022 Collateral messaging

5. OTC Derivatives– new regulatory solutions SWIFT OTC Derivatives5 Credit Rate FX Equity Comm- odity Files and FpML over SWIFT Communication to trade repositories Files and FpML over SWIFT Communication to trade repositories FIN to TR FIN to CCP FIN to TR FIN to CCP FIN to TR FIN to CCP? FIN to FpML

6. Some current OTC Derivatives initiatives DTCC Global Trade Repository –FpML and File input –FIN to FpML conversion Regis-TR –FIN based input MarkitServ –FIN based input to NDF clearing (LCH, SGX & CME) Poland, Chile –FIN based input to OTCD CCP Russia, Hong Kong –File input to TR SWIFT OTC Derivatives6

7. In conclusion SWIFT has strong presence in OTCD markets Flexible solution set…. –tailored to support local market needs SWIFT OTC Derivatives7 Cost effective solutions for regulatory compliance

8. Thank you Нам Александр Директор по развитию SWIFT Новинский бульвар д,8 121099 Москва, Россия +7 495 228 59 23 +7 495 228 59 24 +7 903 190 66 56 alexander.nam@swift.com www.swift.com T F M W E For more information, please contact: