Microsoft BizTalk Accelerator for SWIFT
Published:
April 2007
Harnessing the power of SWIFT for
enterprise financial messaging
Solution Overview
Solution
Business Challenge
•
Developing,
implementing, and
managing custom
point-to-point
connections for each
bank that the
Microsoft Treasury
group
communicated with
was extremely
expensive to design,
deploy, and manage.
•
Microsoft
implemented BizTalk
Server 2006 and the
BizTalk Accelerator
for SWIFT to enable
communication with
its financial partners
over the SWIFT
secure IP network.
Results/Benefits
•
•
•
•
•
Greater visibility into
cash assets
Standardized
business process for
end-of-day bank
statements
Greater security,
reliability, and
efficiency in
communication
Increased scalability
Compliance with
regulatory standards
Products and Technology
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BizTalk Accelerator for
SWIFT
BizTalk Server 2006
Office InfoPath 2006
SQL Server 2005
Windows Server 2003
Office SharePoint Server
2007
Treasury Group Operations
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Microsoft Treasury group’s responsibilities:
● Allocating resources to subsidiaries
● Reconciling transactions
● Transferring money
● Investing excess cash resources
Microsoft has 1,000+ bank accounts spread
among 95 banks worldwide
Managing these accounts accurately maximizes
revenue
Business Challenge: Multiple Custom
Connections
Business Challenge: New Banking
Relationships
●
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Microsoft establishes new banking
relationships as new markets emerge
Custom point-to-point connections can be
costly and take months to develop
Investment of time and money may deter
Microsoft from making new, advantageous
partnerships with banks
Business Challenge: System
Reliability and Timeliness of Data
Business Challenge: Employee
Productivity
●
●
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Disparate systems for cash management
and account management affected
transaction reconciliation
Different communication methods meant
different statement formats and dispersion
of data
Employees spent time tracking money
instead of analyzing ways to invest it
Integration Solution
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Treasury group reviewed its business process to
identify solution requirements
SWIFTNet is a highly secure and reliable network
that uses standard message formats and
protocols
Direct integration with SWIFT provided the best
way to standardize the communication process
BizTalk Server acts as a message broker
between SWIFTNet and the ERP system
Integration Solution
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Treasury group can view statement data stored in
SAP by using a familiar interface
SharePoint Server 2007 Web site is a central
place for creating messages to banking partners
Members access SWIFTNet by using a dedicated
line and SWIFT interface products
SWIFTNet advantages include a single method of
communication with banking partners and
standardized message formats
Integration Solution
Connectivity Through BizTalk Server
●
BizTalk Server services:
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Application integration services
Data normalization
Orchestration services
Business Rule Engine
Business Activity Monitoring
BizTalk Accelerator for SWIFT
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A4SWIFT includes tools and components
that enable integration with SWIFTNet
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XSD schemas for FIN messages
BRE policy for FIN messages
Receive pipeline disassembler component
Send pipeline assembler component
Orchestrations for repairing invalid messages
InfoPath form templates for FIN messages
Enriched Content Through BizTalk
Server
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SWIFTNet integration project required
minimal custom coding
Microsoft IT and SAP team created a
BizTalk Server schema that represented the
data structure for the SAP system
Microsoft IT created a canonical schema
that is used exclusively during BizTalk
Server processing
Automation of Financial Calculations
●
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Microsoft IT created BizTalk Server maps to
define how to transform data from one
structure to another
Functoids enrich and manipulate data as
required
One calculation enables automation of
statement reconciliation
Custom Business Processes
Additional Orchestrations
●
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Microsoft IT created orchestrations for
MT995 and MT996 message types
SharePoint library is the storage location
and UI for MT995, MT996, and MT999
messages
If a process throws an exception, the
message goes to a custom exception
handling process
Integration with SWIFTNet
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BizTalk Server coordinates and facilitates
communication among the SWIFTAlliance Access
device, SAP, and SharePoint Server 2007
Microsoft IT used out-of-the-box BizTalk Server
adapters to configure the connection to each
system
Microsoft IT deployed a computer running
Windows Server 2003 and MOSeries for Windows
to solve a connection problem
Physical Design Topology
Best Practices and Lessons Learned
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Holistic approach helps create a viable solution
Reusability of code saves time
Use of components depends on their business
value
Design considerations include how components
can work together in a complete solution
Communicating over SWIFTNet requires learning
the nuances of each banking partner
Benefits Gained
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Single view of enterprise assets
Standardization of business processes
Simplification of connectivity
Reduced cost and time creating new connections
Guaranteed delivery
Increased scalability
Reduced latency
Regulatory compliance
Conclusion
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BizTalk Server 2006 solution resolved problems in
communication methods between Microsoft and
dozens of banks
Benefits of a direct, standardized line of
communication include reduced operating costs
This implementation serves as a foundation for
additional processes that will provide greater
business value
For More Information
●
Additional content on Microsoft IT
deployments and best practices can be
found on http://www.microsoft.com
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●
Microsoft IT Showcase Webcasts
http://www.microsoft.com/howmicrosoftdoesitw
ebcasts
Microsoft TechNet
http://www.microsoft.com/technet/itshowcase
This document is provided for informational purposes only.
MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS DOCUMENT.
© 2007 Microsoft Corporation. All rights reserved.
This presentation is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS
SUMMARY. Microsoft, BizTalk, InfoPath, SharePoint, Windows, and Windows Server are either registered trademarks or trademarks
of Microsoft Corporation in the United States and/or other countries. The names of actual companies and products mentioned herein
may be the trademarks of their respective owners.