Relationship Management Application

Evolution

Nov, 2021
 RMA Evolution Scope
Participating institutions will benefit from below-mentioned functionalities:

ISO 20022 Enablers

Business RMA file

relationship distribution
management service
FIN-FINPlus
Consistency • Authorisation • Automatic
automatic Business profiles
check • Deletion distribution
bootstrap
• Revocation • Manual export
• Rejection
• 4-eye check

Nov 2021
FIN-FINplus Bootstrap
- Interoperability - Bootstrap based on - Institutions to
across channels authorised FIN validate the resulting
relationships FINplus relationships
- Alignment of CBPR+
relationships between - FINplus in central - Use RMA local
FIN & FINplus database interface to create

WHAT?
WHY?

HOW?
- Add missing FINplus missing relationships
- Minimal manual
effort to create message types - Import distribution
equivalent FINplus - No updates to file in local RMA
existing FIN interface.
- Will not remove
existing FINPlus

Nov 2021
 Bootstrap technical translation logic
If authorized in FIN Then authorize in FINplus comments
MT103 Pacs.008, pacs.004,
pacs.002
MT192 camt.056
MT292 Camt.056  Support CBPR+ adoption
MT196 Camt.029
MT296 Camt.029  Alignment with inflow
MT202 Pacs.009, pacs.004,
pacs.002
translation logic
MT205 Pacs.009, pacs.004,
pacs.002
Not bootstrap if 202 is
excluded
 Performed on live
MT199 Pacs.002 relationships only
MT299 Pacs.002
MT210 Camt.057
MT942 Camt.052* Bootstrapped based on
MT103/202
MT940 Camt.053* Bootstrapped based on Opt-in
MT103/202 bootstrap
MT900/910 Camt.054* Bootstrapped based on
MT103/202

Nov 2021
*MT9xx messages don’t require RMA. camt.052/053/054 willauthorisation
be optionally bootstrapped if a CBPR+
(MT103 or MT202) exists
Consistency check
WHY? WHAT? HOW?

 To maintain  Validate all local  Local requests on

synchronization requests both channels
post bootstrap  Consistent  15 minutes hold
 Message type relationships time
equivalence across channels  Incomplete
 Matching status actions aborted
(authorized, by SWIFT
revoked,  Reject/Revoke
rejected, deleted) acted upon
 Matching validity immediately
period

Message types FIN FINplus

in scope of this MT103 Pacs.008
Nov 2021 check
MT202 Pacs.009
Distribution Service

User RMA Portal User

Import distribution file (xml) to synchronise

messaging interface.

FINplus relationships created as a result of Central

bootstrap will be available on distribution DB

file. Local
Local
RMA Filter
RMA Filter
Distribution Distribution (Configurable)
(Configurable)
Automatic synchronisation via Distribution File File

Service on FileAct: swift.rma.distribution(!p)

Central
Filter
Download manually (WebAcess) FIN/FINplus
messaging
FIN/FINplus
messaging
Back-office Back-office

Institution A SWIFT Institution B

Nov 2021 Click here for Distribution File specification.

Business Profiles
Technical connectivity to business relationships
Payment
& Cash
Mgmt

Cash Mgmt &

MT 103 Reporting
$ MT 195/295 $
MT 196/296 $ $
Pacs.002 Credit Transfer
Pacs.004
Pacs.008 Customer Credit Transfer
Request
Camt.056
Bank Bank MT103, MT102, pacs.008,
Bank pacs.002, camt.056 Bank
Technical connectivity
Business relationships

Nov 2021 Click here for RMA Business Profiles Handbook

 RMA – move towards a centralised model in 2023

2009 2016 2020 2021 2022 2023

Introduction
• Introductio of RMA • FIN central • FINplus • FINplus • Community
n of RMA central enforcement central bootstrap & wide
• Evolution database for • Central enforcement consistency relationship
from revocations storage and • RMA portal check managemen
Bilateral Key validation of pilot phase • RMA check for t via portal
Exchange granular Transaction • End of
authorisation Manager API support |
s initiated local RMA
transactions. manageme
• Relationship nt
management
from central
portal
Nov 2021 • Business Profiles
 RMA Timeline
H2 2021 and H1 2022 H2 2022 and H1 2023 H2 2023
Technical relationships (FIN or FINplus) Business relationships across services End of support

Nov 2022
Oct 2022
Apr 2022

Dec 2023
Jan 2022
Oct2021

Jul 2022
RMA portal pilot View only features & reports

Local RMA out of support (tentative)

RMA portal pilot RMA Distribution Service
Automatic mass subscription to
Automatic subscription  RMA portal

CBPR+ Go Live
 Distribution service.
 Live relationships bootstrap
Bootstrap & Consistency check  Local authorisations consistency check

Bootstrap validation Validate bootstrapped FINplus

Relationship Management Relationship Management

Business Profiles Business Profiles

Nov 2021
Summary
Bootstrap

• Import distribution file

Consistency Check

• Consistent local updates on both FIN and FINplus

Distribution Service

• Integration with distribution service

• swift.rma.distribution(!p)

Important Links
» RMA Support Page » Pilot subscription e-forms » RMA Knowledge Centre
Nov 2021
 www.swift.com

Nov 2021