Corporates to support the expansion institutions connected to the less than a year to go from de ning issues. Thanks to SWIFTNet, we SWIFTNet programme, with a focus on SWIFT network, which reduces the its requirements, implementation are now able to obtain an accurate Client strengthening governance and time spent on maintaining and and testing, to switching over to snapshot of the balance of most of KDDI operational ef ciency. However, implementing multiple bank the new solution in April 2019. our bank accounts, in every the expense and complexities systems and connection points. country, and in near real time,” involved quickly ruled that option KDDI has now consolidated all of said Mr. Morita. out. Spanning more than 200 countries its treasury workload within a – including all the Asian locations in single, integrated system which In addition to boosting ef ciency, “What we really needed was an which KDDI currently does covers the parent organisation and the new solution has also led to entirely new, dedicated treasury business – SWIFTNet is both its current subsidiaries, and has cost savings. Finance staff who management system. A system reliable and highly secure. the exibility and headroom to were previously involved in capable of handling all of the Transaction information and cash accommodate new businesses. re-keying bank data, have been organisation’s nancial positions is shared between banks redeployed to other, higher-value transactions – from cash and KDDI over a single platform, in The process was seamless. Once tasks. As well as achieving quicker KDDI overhauls, SWIFTNet offers global management to bank loans – and line with global nancial industry the TMS was up and running, and more comprehensive visibility integrates and giant an accurate snapshot of every overseas provide a full picture of bank standards. This results in higher KDDI simply instructed each of its into its nancial position, KDDI is accelerates its accounts across all group straight-through processing and a banks to use SWIFTNet. Then, also in a better position to reduce bank account in near real time companies,” said Mr. Morita. high degree of error-free instead of having to be re-keyed, the risk of fraud. international automation. the data is routed directly into the nance Setting SWIFT as the global TMS, where the information is A holistic view of the banking KDDI, one of the three largest points out, the success of any standard In the case of KDDI, this means turned into easily-visualised picture infrastructure with telecommunications companies in global business expansion After carefully evaluating a variety that intraday cash movements can insights. Having a single source of account SWIFT , ranks within the top 10 on program depends on a variety of of solutions, KDDI settled on an be reected accurately in near real information has enabled KDDI to the Stock Exchange in factors, some more critical than off-the-shelf, cloud-based treasury time, enabling the telecoms player KDDI’s nancial team now has keep a steady focus on its banking terms of market capitalisation, as others. One that cannot be management system. To to manage cashow and liquidity to each subsidiary’s services providers, and consolidate of December 2019. The overlooked is the role of the streamline nancial transactions more ef ciently. end-of-day account position within where necessary to achieve telecommunications giant has nance department in ef ciently and improve operational ef ciency, minutes of closing. Previous delays greater ef ciency and cost-savings. impressive global ambitions and managing funds, providing robust it adopted SWIFTNet as its global As well as enhancing functionality and errors have been eliminated, Since it rolled out its new TMS and currently operates the corporate governance and messaging infrastructure to and providing high-levels of and con dence in the accuracy of implemented SWIFTNet, KDDI has fourth-largest data centre business minimising nancial risk. connect with each of its nancial security, the decision to build a the gures has increased been able to consolidate its in the world. It is also the largest service providers. cloud-based TMS around substantially. accounts pro le and reduce the telecommunications carrier in The scale of KDDI’s challenge is SWIFTNet offered an additional total by about 25% – from 600 Mongolia and Myanmar. By impressive. For example, until quite Part of the SWIFT for Corporates advantage. It dramatically reduced Fast and exible down to 465 approximately. capitalising on its experience and recently, it had more than 600 service portfolio, SWIFTNet offers the time required to roll out the “When it comes to nancial expertise in telecommunications bank accounts in 28 countries. corporates direct access to all new system. In fact, it took KDDI management, time is always of the “SWIFTNet was the best choice for services, including mobile phones, Having a comprehensive nancial essence. Even temporary blind KDDI’s needs. If I had to decide all xed-line communications and the picture at any point in time became spots on the status of a over again, I would make the exact , KDDI is moving a lengthy, and often manual subsidiary’s bank account balance same decision,” Mr. Morita aggressively to diversify and take process. could result in a hotbed of legal concluded. advantage of opportunities in fast-growing overseas markets. KDDI’s nancial team rst had to log into the online portal of each However, the organisation quickly individual bank, before they were recognised that technological able to download account update excellence was only part of the information. On top of this, once requirement for international captured, much of that information success. An ef cient nancial had to be manually entered into infrastructure was just as important. the existing KDDI nance system – resulting in a slow and potentially Clear and detailed information error-prone procedure. supports global expansion As Mr. Yusuke Morita, Assistant KDDI had initially considered Manager of KDDI Corporation enhancing its existing ERP system

5 to support the expansion institutions connected to the SWIFT less than a year to go from de ning issues. Thanks to SWIFTNet, we programme, with a focus on network, which reduces the time its requirements, implementation are now able to obtain an accurate strengthening governance and spent on maintaining and and testing, to switching over to snapshot of the balance of most of operational ef ciency. However, implementing multiple bank the new solution in April 2019. our bank accounts, in every the expense and complexities systems and connection points. country, and in near real time,” involved quickly ruled that option KDDI has now consolidated all of said Mr. Morita. out. Spanning more than 200 countries its treasury workload within a – including all the Asian locations in single, integrated system which In addition to boosting ef ciency, “What we really needed was an which KDDI currently does covers the parent organisation and the new solution has also led to entirely new, dedicated treasury business – SWIFTNet is both its current subsidiaries, and has cost savings. Finance staff who management system. A system reliable and highly secure. the exibility and headroom to were previously involved in capable of handling all of the Transaction information and cash accommodate new businesses. re-keying bank data, have been organisation’s nancial positions are shared between banks redeployed to other, higher-value transactions – from cash and KDDI over a single platform, in The process was seamless. Once tasks. As well as achieving quicker management to bank loans – and line with global financial industry the TMS was up and running, and more comprehensive visibility provide a full picture of bank standards. This results in higher KDDI simply instructed each of its into its nancial position, KDDI is accounts across all group straight-through processing and a banks to use SWIFTNet. Then, also in a better position to reduce companies,” said Mr. Morita. high degree of error-free instead of having to be re-keyed, the risk of fraud. automation. the data is routed directly into the Setting SWIFT as the global TMS, where the information is A holistic view of the banking KDDI, one of the three largest points out, the success of any standard In the case of KDDI, this means that turned into easily-visualised picture telecommunications companies in global business expansion After carefully evaluating a variety intraday cash movements can be insights. Having a single source of account “When it comes to Japan, ranks within the top 10 on program depends on a variety of of solutions, KDDI settled on an reflected accurately in near real information has enabled KDDI to nancial management, the in factors, some more critical than off-the-shelf, cloud-based treasury time, enabling the telecoms player KDDI’s nancial team now has keep a steady focus on its banking time is always of the terms of market capitalisation, as others. One that cannot be management system. To to manage cashflow and liquidity access to each subsidiary’s services providers, and consolidate essence. Even temporary of December 2019. The overlooked is the role of the streamline nancial transactions more efficiently. end-of-day account position within where necessary to achieve blind spots on the status telecommunications giant has nance department in ef ciently and improve operational ef ciency, minutes of closing. Previous delays greater ef ciency and cost-savings. of a subsidiary’s bank impressive global ambitions and managing funds, providing robust it adopted SWIFTNet as its global As well as enhancing functionality and errors have been eliminated, Since it rolled out its new TMS and account balance could currently operates the corporate governance and messaging infrastructure to and providing high-levels of and con dence in the accuracy of implemented SWIFTNet, KDDI has result in a hotbed of legal fourth-largest data centre business minimising nancial risk. connect with each of its nancial security, the decision to build a the gures has increased been able to consolidate its issues. Thanks to in the world. It is also the largest service providers. cloud-based TMS around substantially. accounts pro le and reduce the SWIFTNet, we are now telecommunications carrier in The scale of KDDI’s challenge is SWIFTNet offered an additional total by about 25% – from 600 able to obtain an accurate Mongolia and Myanmar. By impressive. For example, until quite Part of the SWIFT for Corporates advantage. It dramatically reduced Fast and exible down to 465 approximately. snapshot of the balance of capitalising on its experience and recently, it had more than 600 service portfolio, SWIFTNet offers the time required to roll out the new “When it comes to nancial most of our bank expertise in telecommunications bank accounts in 28 countries. corporates direct access to all system. In fact, it took KDDI management, time is always of the “SWIFTNet was the best choice for accounts, in every services, including mobile phones, Having a comprehensive nancial essence. Even temporary blind KDDI’s needs. If I had to decide all country, and in near real xed-line communications and the picture at any point in time became spots on the status of a over again, I would make the exact time,” Key Benets Internet, KDDI is moving a lengthy, and often manual subsidiary’s bank account balance same decision,” Mr. Morita Mr. Yusuke Morita The Treasury Management System (TMS) consolidates all workloads aggressively to diversify and take process. Assistant Manager of KDDI could result in a hotbed of legal concluded. advantage of opportunities in Corporation. within a single, integrated system – providing the exibility and fast-growing overseas markets. KDDI’s nancial team rst had to headroom to accommodate new businesses log into the online portal of each However, the organisation quickly individual bank, before they were SWIFTNet ensures an accurate snapshot of every subsidiary’s bank recognised that technological able to download account update account balance in near real time excellence was only part of the information. On top of this, once requirement for international captured, much of that information Automation frees up KDDI staff who previously re-keyed data to handle success. An ef cient nancial had to be manually entered into more value-added tasks infrastructure was just as important. the existing KDDI nance system – resulting in a slow and potentially SWIFTNet account data is automatically routed into the TMS, for easy Clear and detailed information error-prone procedure. visualisation and insight supports global expansion As Mr. Yusuke Morita, Assistant KDDI had initially considered KDDI has reduced the total number of bank accounts across the Asia Manager of KDDI Corporation enhancing its existing ERP system Paci c region by close to 25% – from about 600 down to 465 – streamlining its nancial services footprint and reducing costs to support the expansion institutions connected to the less than a year to go from de ning issues. Thanks to SWIFTNet, we programme, with a focus on SWIFT network, which reduces the its requirements, implementation are now able to obtain an accurate strengthening governance and time spent on maintaining and and testing, to switching over to snapshot of the balance of most of operational ef ciency. However, implementing multiple bank the new solution in April 2019. our bank accounts, in every the expense and complexities systems and connection points. country, and in near real time,” involved quickly ruled that option KDDI has now consolidated all of said Mr. Morita. out. Spanning more than 200 countries its treasury workload within a – including all the Asian locations in single, integrated system which In addition to boosting ef ciency, “What we really needed was an which KDDI currently does covers the parent organisation and the new solution has also led to entirely new, dedicated treasury business – SWIFTNet is both its current subsidiaries, and has cost savings. Finance staff who management system. A system reliable and highly secure. the exibility and headroom to were previously involved in capable of handling all of the Transaction information and cash accommodate new businesses. re-keying bank data, have been organisation’s nancial positions is shared between banks redeployed to other, higher-value transactions – from cash and KDDI over a single platform, in The process was seamless. Once tasks. As well as achieving quicker management to bank loans – and line with global nancial industry the TMS was up and running, and more comprehensive visibility provide a full picture of bank standards. This results in higher KDDI simply instructed each of its into its nancial position, KDDI is accounts across all group straight-through processing and a banks to use SWIFTNet. Then, also in a better position to reduce companies,” said Mr. Morita. high degree of error-free instead of having to be re-keyed, the risk of fraud. automation. the data is routed directly into the Setting SWIFT as the global TMS, where the information is A holistic view of the banking KDDI, one of the three largest points out, the success of any standard In the case of KDDI, this means turned into easily-visualised picture telecommunications companies in global business expansion After carefully evaluating a variety that intraday cash movements can insights. Having a single source of account Japan, ranks within the top 10 on program depends on a variety of of solutions, KDDI settled on an be reected accurately in near real information has enabled KDDI to the Tokyo Stock Exchange in factors, some more critical than off-the-shelf, cloud-based treasury time, enabling the telecoms player KDDI’s nancial team now has keep a steady focus on its banking terms of market capitalisation, as others. One that cannot be management system. To to manage cashow and liquidity access to each subsidiary’s services providers, and consolidate of December 2019. The overlooked is the role of the streamline nancial transactions more ef ciently. end-of-day account position within where necessary to achieve telecommunications giant has nance department in ef ciently and improve operational ef ciency, minutes of closing. Previous delays greater ef ciency and cost-savings. impressive global ambitions and managing funds, providing robust it adopted SWIFTNet as its global As well as enhancing functionality and errors have been eliminated, Since it rolled out its new TMS and currently operates the corporate governance and messaging infrastructure to and providing high-levels of and con dence in the accuracy of implemented SWIFTNet, KDDI has fourth-largest data centre business minimising nancial risk. connect with each of its nancial security, the decision to build a the gures has increased been able to consolidate its in the world. It is also the largest service providers. cloud-based TMS around substantially. accounts pro le and reduce the telecommunications carrier in The scale of KDDI’s challenge is SWIFTNet offered an additional total by about 25% – from 600 Mongolia and Myanmar. By impressive. For example, until quite Part of the SWIFT for Corporates advantage. It dramatically reduced Fast and exible down to 465 approximately. capitalising on its experience and recently, it had more than 600 service portfolio, SWIFTNet offers the time required to roll out the “When it comes to nancial expertise in telecommunications bank accounts in 28 countries. corporates direct access to all new system. In fact, it took KDDI management, time is always of the “SWIFTNet was the best choice for services, including mobile phones, Having a comprehensive nancial essence. Even temporary blind KDDI’s needs. If I had to decide all xed-line communications and the picture at any point in time became spots on the status of a over again, I would make the exact Internet, KDDI is moving a lengthy, and often manual subsidiary’s bank account balance same decision,” Mr. Morita aggressively to diversify and take process. could result in a hotbed of legal concluded. advantage of opportunities in fast-growing overseas markets. KDDI’s nancial team rst had to log into the online portal of each However, the organisation quickly individual bank, before they were recognised that technological able to download account update KDDI is one of the largest players in Japan’s telecommunications industry. In recent years it has excellence was only part of the information. On top of this, once used its expertise as a pioneer in telcommunications services – including mobile phones, xed-line communications and the Internet – to take advantage of opportunities in established requirement for international captured, much of that information and emerging overseas markets. success. An ef cient nancial had to be manually entered into infrastructure was just as important. the existing KDDI nance system – resulting in a slow and potentially SWIFT is a member-owned cooperative, providing secure nancial messaging services to more Clear and detailed information error-prone procedure. than 11,000 organisations, across the nancial ecosystem, in almost every country in the world. supports global expansion For nearly ve decades we have delivered certainty, continuity and excellence by constantly evolving in an everchanging landscape. In today’s fast moving, increasingly connected and As Mr. Yusuke Morita, Assistant KDDI had initially considered challenging world, this approach has never been more relevant. Manager of KDDI Corporation enhancing its existing ERP system For more information, please contact your SWIFT account manager or visit www.swift.com

57453 - February 2020