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SWIFT Standards

Standards Release 7.2

Client
Strate (Pty) Ltd

Keeping one Strate (Pty) Ltd recently completed their


step ahead with release 7.2 migration well ahead of the end
Standards Release of the migration window. We sat down
7.2 with Cobus Coetzer, IT Messaging Team
Lead, Strate (Pty) Ltd., to learn from their
experience, and discuss their approach, any
challenges they faced, how they overcame
them and the benefits they are reaping from
their early adoption.

Features and benefits Can you tell us about Strate (Pty) to plan the installation carefully to
Additional robust security
Ltd? ensure minimal downtime, given
features Strate (Pty) Ltd manages that the upgrade - particularly
New tool to help verify CSP one of Africa’s largest SWIFT for Alliance Access and Alliance
compliance infrastructures, allowing clients WebPlatform - took between 5-6
New tools to minimise the access to the SWIFT network hours. Therefore, timing should
impact of migrating to a new through this infrastructure. not be underestimated. We also
system took the opportunity to install all
Refreshed technical platform Can you share with us why it was the latest mandatory patches and
will provide environment
important for you to be an early security updates for this release.
stability for the years to come
adopter of Release 7.2? Our strategy was to upgrade
Given our decision to use SWIFTNet Link and Alliance
our existing infrastructure for Gateway over one weekend
this migration, we also used and Alliance Access, Alliance
the opportunity to refresh the WebPlatform and the Remote
operating system and MQSeries Adapter the following weekend.
client to the latest releases. This provided us the opportunity
Although we installed Alliance to test backwards compatibility
Access, Alliance Gateway and and ensure stability.
Alliance WebPlatform from the
prepared backup utility, we had
What challenges did you What are the top 3 benefits of
experience? release 7.2 from a business
One of the challenges we faced perspective?
was with the message and event We will benefit from the adherence
archive size before starting the to the enforced stronger password
backup file utility. We had to policy, 4-eye checks and usage of
ensure that the backup file size Local Authentication required on
was manageable to reduce all message partners.
installation time and effort. The
Archive Conversion Tool was In general, we are satisfied with
utilised to convert the messages the quality of the software and
and events to the latest format on the level of detail contained in
our backup infrastructure to not the documentation. In particular,
“We are satisfied with the affect live operations. we used the migration guide as
a fall back to double check our
quality of the software and
We would encourage other installation progress and protocol
the level of detail contained customers to complete their quite intensively.
in the documentation.” migration as soon as posisble
Cobus Coetzer to comply with security best Do you feel that release 7.2 is
IT Messaging Team Lead,
practices. There is even a new ready for global adoption?
Strate (Pty) Ltd
tool to verify your compliance best Yes, but care should be taken if
practice. Oracle is now shipped as you are using third party Alliance
a full package as well. Developer Toolkit software
to ensure they are ready and
In your experience what are the compatible with the new release.
top 3 benefits of release 7.2 from a
technical perspective?
The benefits we expect to
experience from a technical
perspective are multifaceted.
However, the major one included
the compliance to a SWIFT-
certified interface and the
automatic enforcement of TLS 1.2
replacing SSL, thus benefitting
from data flow security. Once the
messages and events from the
previous format were converted,
the size of the new converted
backups were also significantly
reduced.

SWIFT is a member-owned cooperative, providing secure financial messaging services to more


than 11,000 organisations, across the financial ecosystem, in almost every country in the world.
For nearly five decades we have delivered certainty, continuity and excellence by constantly
evolving in an everchanging landscape. In today’s fast moving, increasingly connected and
challenging world, this approach has never been more relevant.
www.swift.com
57379 - August 2018

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