The migration from ISO 7775 to ISO 15022 (SWIFT’s new messaging standard) was successfully completed on 31 May 2003, with 100 per cent of SWIFT securities message traffic compliant with the ISO 15022 standard. SWIFT is confident that ISO 15022 will provide long term value to its users, enabling them to benefit from richer business standards and increased functionality. Additionally, ISO 15022 generates an immediate cost saving for SWIFT securities users. Given the structure of ISO 15022 messages, it is anticipated that in 2003 average message prices will be 10 to 15 per cent less than in 2002.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more