Introduction to SWIFT's ISO 20022 harmonisation framework
As ISO 20022 implementations proliferate, variability in the ways in which the standard is deployed in terms of message versions, market practice rules and release timetables is multiplying. Unchecked, this fragmentation threatens to increase substantially the cost and complexity of ISO 20022 implementation, particularly for those financial institutions that participate in multiple market infrastructure services.
To address these disruptive differences, a significant number of market infrastructures have joined forces with SWIFT to develop an ISO 20022 Harmonisation Framework, that will ease and facilitate ISO 20022 implementation considerably for financial institutions. What are the components of this framework? Who has been involved? And what are some of the challenges still ahead? Don’t miss this first-rate occasion to learn more about the ISO 20022 Harmonisation Framework and Charter, and of course, share your feedback and further calls to action.