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IBM United States
Software Announcement 203-287 October 21, 2003 IBM WebSphere Business Integration for Financial Networks Bridge for SWIFTNetAt a glanceProcessing incoming and outgoing financial messages from and to the SWIFT Secure IP Network (SIPN), Bridge for SWIFTNet provides:
OverviewTo remain competitive, financial institutions must offer innovative products while reducing time to market and minimizing development costs. Financial institutions realize that integrating and upgrading their heterogeneous systems and business applications lets them take a giant step toward achieving these goals. You have to do this in an environment where reliability, availability, and resilience are paramount. One challenge that financial institutions currently face is to migrate from the X.25-based SWIFT Transport Network (STN) to the new SWIFT Secure IP Network (SIPN). WebSphere® Business Integration for Financial Networks Bridge for SWIFTNet (Bridge for SWIFTNet), with the previously announced IBM WebSphere Business Integration for Financial Networks Financial Networks Base and Entry Edition Base, specifically addresses these issues. WebSphere Business Integration for Financial Networks is a business integration platform that serves as a messaging hub from which any number of financial applications can share centralized message-processing services, especially services that provide centralized access to various financial networks such as the SIPN, FEDNET, RadianzNet, and clearing and settlement systems such as RTGSplus, Fedwire, CHIPS, and EBA STEP2. Bridge for SWIFTNet is designed for financial institutions that require access to the SIPN in AIX® or Solaris environments. It provides valuable services both for customers who are first-time users of the SIPN, as well as for current users of the X.25-based STN who need to migrate to the SIPN. Bridge for SWIFTNet provides the means to centrally:
Bridge for SWIFTNet also provides SWIFTNet FIN services that let customers send FIN messages via the SIPN. Key prerequisitesAIX V5.1 or Sun Solaris 8. For details, refer to the Software requirements and Hardware requirements sections. Planned availability dates
DescriptionMost financial institutions realize that integrating and upgrading their heterogeneous systems and business applications moves them a giant step toward achieving their business goals. This is especially true for:
In addition, financial institutions that currently use the X.25-based STN are required to migrate to the new SIPN. According to recent studies from the Boston Consulting Group, payment processing represents 35% of a bank's revenue stream and 40% of a bank's cost structure. Furthermore, financial institutions must do this in an environment where reliability, availability, and resilience are paramount. WebSphere Business Integration for Financial Networks addresses exactly these issues. WebSphere Business Integration for Financial Networks is a business integration platform that serves as messaging hub from which any number of financial applications can share centralized message-processing services, especially services that provide centralized access to various financial networks such as the SIPN, FEDNET, RadianzNet, and clearing and settlement systems such as RTGSplus, Fedwire, CHIPS, and EBA STEP2. Having many applications share such services reduces the cost, complexity, and time needed to implement each application. The consolidation, centralization, and reuse of message-processing services result in increased productivity and simplified operation, which in turn result in cost savings. WebSphere Business Integration for Financial Networks uses the following established IBM middleware to improve overall stability and to allow you take advantage of special capabilities:
WebSphere Business Integration for Financial Networks consists of a base product, plus additional, optional extensions. The base product provides a collection of easy-to-use message-processing services that enable customers to centralize common tasks such as:
The extensions are collections of additional, special-purpose services that extend the capabilities of the base product, for example, access to specific financial networks. Anyone customers, independent software vendors, or IBM can create these extensions. IBM previously announced the Extension for SWIFTNet on July 22, 2003, as part of WebSphere Business Integration for Financial Networks for Multiplatforms, an extension designed for existing IBM MERVA customers only. It provides access to the SIPN for IBM MERVA ESA customers who wish to continue to use MERVA in the SIPN environment. This announcement of WebSphere Business Integration for Financial Networks Bridge for SWIFTNet is designed for financial institutions not IBM MERVA customers that require access to the SWIFT SIPN in AIX or Solaris environments. It provides valuable services both for customers who are first-time users of the SIPN and for current users of the X.25-based SWIFT STN who need to migrate to the SIPN. Bridge for SWIFTNet provides: A central interface to SWIFTNet components Applications gain access to the SIPN via one or more SWIFTAlliance Gateways (SAGs). SAGs are available from SWIFT and provide file transfer commands and APIs to support communication between financial applications and SWIFTNet services. Applications can access these services, such as SWIFTNet FIN, through a single SAG. To increase availability and throughput, customers can run more than one SAG concurrently. Bridge for SWIFTNet provides the means to centrally:
SWIFTNet FIN support for new applications Bridge for SWIFTNet provides services that let customers send FIN messages via the SIPN. It implements a SWIFT Computer Based Terminal (CBT) that:
Use of base services The Bridge for SWIFTNet services that handle SWIFT message traffic and let customers administer SAGs and use services provided by the WebSphere Business Integration for Financial Network base products. For example, recording audit data, event handling, configuration, access control, monitoring, and message storage are all handled by WebSphere Business Integration for FN Base and Entry Edition Base services. This product is provided in International English only. Product positioningWebSphere Business Integration for Financial Networks Bridge for SWIFTNet is a scalable, high-volume financial message processing platform supporting SWIFTNet that:
The WebSphere Business Integration for Financial Networks base product with the Bridge for SWIFTNet extension enables:
Reference informationRefer to the following Software Announcements:
Letter Announce number date Software Announcement 203-143 May 27, 2003 Software Announcement 202-267 October 8, 2002 Software Announcement 203-183 July 22, 2003
Trademarks
Offering informationProduct information is available through the Offering Information Web site at: Also visit the Passport Advantage® Web site at: PublicationsThe publications for WebSphere® Business Integration for Financial Networks Bridge for SWIFTNet are available online. Visit: The publications are:
Technical informationHardware requirementsServer products For AIX
For Solaris
For other hardware requirements, refer to Software Announcement 203-183 , dated July 22, 2003. A SWIFT Alliance Gateway (SAG) is required.
A Microsoft® Windows workstation is required for IBM MERVA ESA Components V4.2, feature MERVA
USE, and Branch for Windows 2000. For details, refer to the documentation of feature MERVA USE and
Branch for Windows 2000.
Software requirementsWebSphere Business Integration for Financial Networks Bridge for SWIFTNet For AIX
SAG add-on on AIX requires:
For Solaris
SAG add-on on Solaris requires:
Other requirements: A Windows workstation for IBM MERVA ESA Components with Use and Branch feature is required:
A SAG add-on on Windows 2000 requires:
Planning informationMedia pack contents: WebSphere Business Integration for Financial Networks Bridge for SWIFTNet (AIX) consists of three CDs:
WebSphere Business Integration for Financial Networks Bridge for SWIFTNet (Solaris) consists of three CDs:
This program when downloaded from a Web site, contains the applicable IBM license agreement, and
License Information (LI), if appropriate, and will be presented for acceptance at the time of
installation of the program. The license and LI will be stored in a directory such as LICENSE.TXT
for future reference.
Security, auditability, and controlWebSphere Business Integration for Financial Networks Bridge for SWIFTNet uses the security and auditability features of the operating system. The customer is responsible for evaluation, selection, and implementation of security features, administrative procedures, and appropriate controls in application systems and communication facilities. Ordering informationThis product is available only via Passport Advantage. It is not available as shrinkwrap. Product information
Licensed Product Product function group category title WebSphere Business WebSphere WebSphere Business Integration for Integration for Financial Networks Financial Networks Bridge for SWIFTNet The charge unit for WebSphere Business Integration for Financial Networks Bridge for SWIFTNet is Value Unit. New licensees Message-based pricing: Pricing for WebSphere Business Integration for Financial Networks is based on the volume of message units used by a licensed user. A message unit is defined as a transaction external to WebSphere Business Integration for Financial Networks. Such transactions are typically measured when leaving WebSphere Business Integration for Financial Networks and entering the network or network access controller (such as the SWIFTAlliance Gateway), and when leaving the network or network access controller (such as the SWIFTAlliance Gateway) and entering WebSphere Business Integration for Financial Networks. Importantly, a transaction may constitute a single message unit even though the transaction includes multiple messages. For example, a single SWIFTNet FIN message unit may consist of:
On the other hand, a business service may consist of multiple transactions that constitute multiple message units. For example: When a SWIFTNet FIN payment order gets confirmed by the receiving bank, this constitutes two transactions and two message units. The volume of message units relevant for pricing purposes is the total number of monthly message units a licensed user sends and receives using WebSphere Business Integration for Financial Networks Bridge for SWIFTNet (Bridge for SWIFTNet) based on the peak monthly message volume from the preceding 12 months. Initial pricing Initial Pricing will be calculated based on either:
If initial pricing was based on a customer's estimate, the customer shall utilize the message counting procedure identified by IBM to create a message usage report from the audit log the fourth working day of each month during the first six months. The customer agrees to send these six message usage reports to IBM in the seventh month for assessment of the monthly message volumes. If the peak monthly volume is higher than the estimate used in initial pricing, the customer will be charged for additional licenses. Subsequent pricing/annual adjustment: Bridge for SWIFTNet pricing for the second year and subsequent years will be reassessed based on relevant message-based usage reports provided by the customer. Appropriate Bridge for SWIFTNet pricing for the following year will be determined based on the peak monthly volume in the preceding 12 months. In addition to the annual maintenance fees for the product originally licensed, additional license and maintenance fees will apply if the peak monthly volume is higher than the volume used in the prior year pricing calculation. Value unit exhibit
Usage VU/Message Minimum Maximum Tier 1 250 1 1 Tier 2 0.0195 2 10,000 Tier 3 0.0053 10,001 100,000 Tier 4 0.0016 100,001 1,000,000 Tier 5 0.0010 1,000,001 n An example of converting 1.5 million (1,500,000) messages to Value Units is shown below:
Messages
Usage By tier VUs/Message Value Units
Tier 1 1 250 250
Tier 2 9,999 0.0195 195
Tier 3 90,000 0.0053 477
Tier 4 900,000 0.0016 1440
Tier 5 500,000 0.0010 500
Total 1,500,000 2862
Note: This example covers only the pricing of the Bridge for SWIFTNet. The pricing for the base product is separate. Refer to Software Announcement 203-183 , dated July 22, 2003. Passport Advantage licensing WebSphere Business Integration for Financial Networks Bridge for SWIFTNet
Part
Description number
WBI FN Bridge for SWIFTNet D52Z9LL
Value Units License and
SW Maintenance 12 Months
WBI FN Bridge for SWIFTNet E011YLL
Value Units
SW Maintenance
Annual Renewal
WBI FN Bridge for SWIFTNet D52ZALL
Value Units
SW Maintenance
Reinstatement 12 Months
Passport Advantage supply
Part
Description number
WBI FN Bridge for SWIFTNet V1.1
Media Pack English International AF04ZIE
Solaris (Sun Microsystems)
CD-ROM Digital Disk --
ISO 9660 Standard V1.1
Media Pack English International AF04YIE
AIX V5.x CD-ROM Digital Disk --
ISO 9660 Standard V1.1
Passport Advantage customer: media pack entitlement detailsCustomers with active maintenance or subscription for the products listed are entitled to receive the corresponding media pack. WBI FN Bridge for SWIFTNet V1.1.0
Entitled maintenance Media packs Part
offerings description description number
WebSphere WBI FN Bridge for AF04ZIE
Business SWIFTNet English
Integration International Solaris
for Financial (Sun Microsystems)
Networks Ex CD-ROM Digital Disk --
ISO 9660 Standard
WebSphere WBI FN Bridge for AF04YIE
Business SWIFTNet English
Integration International
for Financial AIX V5.x CD-ROM
Networks Ex Digital Disk --
ISO 9660 Standard
Terms and conditionsLicensing: IBM International Program License Agreement. Proofs of Entitlement are required for all authorized use. Part number products only, offered outside of Passport Advantage, where applicable, are license only and do not include Software Maintenance. License information form number: L-ABAC-5P9FAM This program has warranty for a minimum of one year from acquisition from IBM or authorized Business Partner. The warranty provided to the customer, for at least one year from acquisition, is access to databases (read Web sites) for program information, FAQs, including any known fixes to defects, which the customer can download or obtain otherwise and install at their leisure. Money-back guarantee: If for any reason you are dissatisfied with the program, return it within 30 days from the invoice date to the party (either IBM or its reseller) from whom you acquired it for a refund. This applies only to your first acquisition of the program. Copy and use on home/portable computer: No Passport Advantage applies: Yes, and through the Passport Advantage Web site at: Software maintenance applies: Yes Software Maintenance, previously referred to as Subscription and Technical Support, is now included in the Passport Advantage Agreement. Installation and technical support for the products announced in this letter is provided by the Software Maintenance offering of the IBM International Passport Advantage Agreement. This fee service enhances customer productivity by providing voice and/or electronic access into the IBM support organizations. IBM includes one year of Software Maintenance with the initial license acquisition of each program acquired. The initial period of Software Maintenance can be extended by the purchase of a renewal option. While your Software Maintenance is in effect, IBM provides you assistance for your routine, short duration installation and usage (how-to) questions, and code-related questions. IBM provides assistance via telephone and, if available, electronic access, only to your information systems (IS) technical support personnel during the normal business hours (published prime shift hours) of your IBM support center. This assistance is not available to your end users. IBM provides Severity 1 assistance 24 hours a day, every day of the year. For additional details, consult your IBM Software Support Guide at: Software Maintenance does not include assistance for the design and development of applications, your use of programs in other than their specified operating environment, or failures caused by products for which IBM is not responsible under this agreement. For more information, about the Passport Advantage Agreement, refer to the IBM International Passport Advantage Agreement Software Announcement 201-202 , dated July 10, 2001, or visit the Passport Advantage Web site at: IBM Operational Support Services Support Line: No PricesContact your IBM representative for charges information for this announcement.
Trademarks
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