ISO 20022 - The Next Generation
As the scope and coverage of the ISO 20022 - the "universal financial messaging scheme" - message repository grows, its real potential is starting to be seen. The original aim of ISO 20022 was to replace the antiquated ISO 15022 messages with an XML equivalent and thus future proof inter-company communications. From its core area of expertise, namely the settlement and payments domains, it has matured to include other areas within the financial arena, and with the recent submissions that include
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