1 / 26

The Power of Business Analytics

The Power of Business Analytics . Sibos 2010 Amsterdam. Bart Claeys, SWIFT Neal Livingston, Standard Chartered Bank 26 October 2010. Agenda. Your challenge Your solution Business analytics at Standard Chartered The power of business analytics Q&A. Your challenge .

andrew
Download Presentation

The Power of Business Analytics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Power of Business Analytics Sibos 2010 Amsterdam Bart Claeys, SWIFT Neal Livingston, Standard Chartered Bank 26 October 2010

  2. Agenda • Your challenge • Your solution • Business analytics at Standard Chartered • The power of business analytics • Q&A

  3. Your challenge 2009 Market volatility and events… … which continues in 2010

  4. Your Challenge • Get insights to respond to mission critical questions • To know where to get the insights and to trust these • And even if you know • It’s often • Incomplete • Outdated • Time consuming • Expensive • Questionable quality-wise ?

  5. Our Solution • Reliable • Actionable • Secure • Global • Cross-market • Up-to-date SWIFT has a solution for analysing and reporting your SWIFT messaging activity, with fast and direct access to business analytics about your company and the global financial industry SWIFT has a UNIQUEsolution for analysing and reporting your SWIFT messaging activity, with fast and direct access to business analytics about your company and the global financial industry

  6. The Power of Business Analytics: Getting Insights into the Financial Market PowerPoint Toolkit – 23 October 2008 – Confidentiality: restricted

  7. Importance of Business Analytics for Standard Chartered Risk Mgt & Compliance Performance Management Balance Sheet & Capital Management

  8. SWIFT's Role in the Information Supply Chain Consistent and reliable reporting Value creator across the information supply chain Indicator of economic and financial activity Facilitate usage and adoption of standards Central source of data

  9. How Standard Chartered Uses Watch? Group-wide Management Client & Competition Insights Product & Network Management

  10. Benefits in More Granular Information Pricing & Value-Added Services Business Flow Management Currency & Value Continuous Improvement Credit Facility Management

  11. The Bigger Picture 57A (Bene Bank) 56 (Intermediary Bank)  Charge Type (Ben/SH/Our) Source of image: mentalfloss.com

  12. Watch – Online Insights into Your Business Watch helps you to: • Monitor global trends and see how you evolve • Optimise your relationship network and reciprocity • Perform customer risk analysis • Identify business opportunities • Benchmark your operational performance • Target cost savings

  13. Watch Portfolio -AnalysersOnline insights into your business • On-demand analysis of data via SWIFT.com • Monthly data updates including customer data and SWIFT totals Traffic Analyser – including your market share and all correspondents Value Analyser – providing insights into amount& currency information Message Cost Analyser – helping you with cost allocation, savings & forecasting Billing Analyser – defining your total cost of ownership in SWIFT Market Analyser – providing your rankings and performance benchmarks

  14. Watch Portfolio - ReportsOnline insights into your business • Pre-defined reports downloaded from SWIFT.com • Monthly data updates • Today on SWIFT.com • FIN traffic distibution by market / region • FIN country market share • FIN traffic costs • FIN counterparties BIC11 • More to come… • Benchmarking reports • Peer comparison • Customised reporting

  15. Watch Value AnalyserOnline insights into amount & currency • Ordering possible NOW! • First data publication planned for December 2010 Allowing you to: • Monitor your institution’s liquidity per market, per corridor and currency • Cross-charge more effectively • Perform customer risk analysis and respond to compliance requirements • Size the opportunity to develop multi-currency products • Identify your market share per currency and its related growth vs the market Visit the Watch demo stand and see a glimp of your institution’s total value

  16. Watch Value AnalyserCreating new insights What is your focus? YOU YOUR NETWORK THE INDUSTRY

  17. Value AnalyserMonitor your business • What is the total European import/export vs China financed through LCs? • What is the total value? For which currencies? European import/export vs China through LCs Did you know? • Perform a similar analysis for each business line, country, entity… Source: Watch Market Analyser

  18. Value AnalyserEvaluate customer reciprocity • Who are my top counterparties? Is reciprocity respected? Transaction Amounts Transaction Volumes Source: Watch Traffic Analyser “Reciprocity analysis can show different results when looking at currency or amount”

  19. Value AnalyserTrack performance of correspondent network • How can we optimise our correspondent network? • Can we consolidate our EUR clearing activity ? • Is our correspondent compliant with bilateral currency agreements? • Can we improve our messaging efficiency? “We are now receiving GBP payments from our counterpart. Why?” Did you know? Source: Watch Value Analyser

  20. Value AnalyserPerform customer/liquidity risk analysis • What is our top10 counterparty exposure? In which direction? • Is our exposure increasing/decreasing from a value perspective? Top 10 exposure 56% 31% of 2010 Total Transaction Volumes Transaction Amounts Source: Watch Traffic Analyser • Perform a similar analysis for each business line, country, currency…

  21. Value AnalyserBenchmark against the industry • What is the market exposure towards a specific country? • How is it evolving? Do we have a similar exposure? • Should we take any measures to manage the risk? Transaction flow evolution vs Greece Source: Watch Market Analyser

  22. Value AnalyserBenchmark against the industry • What are the most common currency flows in specific corridors? • Can we leverage this information for business development purposes? “Should we envisage developing multi-currency products in Europe?” … “Should we adapt our pricing policy for USD payments?” Source: Watch Value Analyser

  23. Watch – Business Intelligence only from SWIFT Key features: • SaaS model – Software as a Service • Unique source • From a neutral and trusted party • Monthly updates of high-quality data • Historical data (prior two years + current year-to-date) • Under evaluation: daily, intra-day traffic analysis

  24. More Information • Want to know more of Watch @ Sibos? • Ask your SWIFT relationship manager • Visit the Watch demo stand • Receive a sample of your institution’s currency & value data • Want to follow-up after Sibos? • Ask your SWIFT relationship manager • Watch@swift.com • Other Q&A?

  25. Questions & answers ?

  26. Thank you

More Related