As financial services align around these objectives, ISO 20022 has emerged as the foundational standard to support them.

This new standard employs an XML-based MX format, allowing more detailed transaction data, better interoperability, and increased automation. As the transition to ISO 20022 accelerates across ...

Over my forty years or so in and around dealing rooms and financial markets, I have heard many theories as to how to approach that problem and have settled on a process that has worked for me.