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In its latest white paper, ‘ ISO 20022 Migration 101: Steps and Strategies for Banks ‘, BPC offers a guide tonavigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messagingstandards.
One of the most prominent payment industrytrends to support real-time payments adoption is the focus on ISO 20022 payment messagestandardization, said Cooley. However, ISO 20022 does offer a way to standardize what data moves with transactions, as well as how that information is presented, regardless of the market.
The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messagingstandards. By offering full native support for both legacy SWIFT MT and modern MX messaging, SmartVista enables gradual migration with minimal to zero disruption.
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