Discover how ISO 20022 is reshaping payment messaging and what corporates must do to stay compliant and efficient.
ISO 20022 is becoming the global language of payments, replacing legacy SWIFT MT formats with structured XML messages. This transition impacts every corporate treasury and finance team. In this session, experts from Deutsche Bank and TIS explain the benefits, challenges, and practical steps for a successful migration.
Key Insights:
- Best Practices: Assess systems, create a roadmap, engage stakeholders, test extensively, and train teams.
- Why ISO 20022 Matters: Global adoption, richer data, and improved compliance.
- Benefits: Transparency, operational resilience, automation, and faster reconciliation.
- Challenges: Legacy systems, multiple message formats, address structuring requirements, and data anomalies.
- Critical Deadlines: MT-MX migration by November 2025; structured/hybrid address mandatory by November 2026.
