ISO 20022

ISO 20022

By creating a common language and model for payments data, ISO 20022 significantly improves the quality of data across the payments ecosystem. Richer, structured, meaningful data will enable new client experiences, while improving compliance and efficiency.ISO 20022 is flexible enough to meet the needs of today and those of tomorrow.By creating a common language and model for payments data, ISO 20022 significantly improves the quality of data across the payments ecosystem. Richer, structured, meaningful data will enable new client experiences, while improving compliance and efficiency.

Business Domain

Payments and Cash Management

Messages supporting cash account management, payments initiation, clearing and settlement, and cash management, etc.

Securities

Messages supporting pre-trade, trade, post-trade, clearing and settlement, securities management, securities account management, reconciliation, asset servicing, collateral management, etc.

Trade Services

Messages supporting procurement, trade finance products and services, forecasting, reconciliation, accounting, remittance information, etc.

Card Payments

Messages supporting card transactions between acceptor and acquirer, acquirer and issuer, sale system and POI, terminal management, clearing and settlement, fee collection, etc.

Foreign Exchange

Messages supporting pre-trade, trade, post-trade, notification, clearing and settlement, reporting and reconciliation of FX products.