Past sibos: Geneva 2016

The road to adoption of ISO 20022 in the USA

27 September 2016
10:15 to 11:15
Community session Conference Room 5
Managing Director, Treasury Services
J.P.Morgan
Senior Vice President
Federal Reserve Bank of Atlanta
Board Member / CEO / CFO
NACHA - The Electronic Payments Association
Senior Vice President
The Clearing House
AVP, Payment Product Management
Federal Reserve Bank of New York

The market infrastructure operators in the U.S. – the Federal Reserve Banks and The Clearing
House – have developed plans and a preliminary timeline for implementing ISO 20022 message formats for the Fedwire Funds Service and CHIPS beginning in 2020. Representatives from the Federal Reserve, TCH and other members of the U.S. Stakeholder Group will present the rollout plan, including the scope of the initiative, the approach for implementation and the timing of key milestones. The U.S. has also developed mapping initiatives to incorporate ISO 20022 messaging into the low value/ACH payment network. We will present these initiatives, as well as preview additional work that will be done to assess market requirements for adoption of ISO 20022 messaging in the low value payment infrastructures.

Stream
Banking
Tracks
Community
Main conference session
27 September 2016
10:15 to 11:15
Main conference session Conference Room 1
27 September 2016
10:15 to 11:15
Main conference session Conference Room 1