ISO 20022 : Embracing ISO 20022

ISO 20022 : Embracing ISO 20022

ISO 20022 : Embracing ISO 20022

October 30, 2023

Assessing opportunities and overcoming challenges for solution providers

“We are living in a data society where everything is about data, and banks have absolutely the richest data passing through their systems, day in and day out. Entire economies pass through the banks.”

“ISO can be the core piece of real bank modernization for the future, and there’s a lot of ways to do that.”

“It’s going to be the pivot of modernization and transformation in banking.”

“It’s an inflection point of tremendous change.”

“How we go about democratizing the insights that are in this structured rich data, that’s the key thing.”

“Solution providers have a critical role to play in ensuring its success.”

The World Bank weighs in on the subject with its own support of the interoperability that is emerging in payment systems all across the globe, stating that the increased transparency for national authorities and system participants can now allow all sides to gain a more holistic view of payment flows, while helping to combat fraud more effectively, as well as open up new corridors for more participants around the world, which is good thing for everyone. […] ISO 20022 is fundamental to those initiatives.”

This aligns perfectly with our mission statement.

Access the full discussion here:

On our side we are building the tooling enabling analytics on ISO 20022.
Check our recent article here: