A Not So Swift Transition

With a slow uptake for ISO 15022 by smaller firms, custodians want SWIFT to build a translator and levy fines on those who don’t comply. By Dianne See Morrison

This Nov. 16, financial messaging network SWIFT will switch off ISO 7775, its messaging format that has been in use for over a decade. At that point, SWIFT hopes that all users will have converted to the new standard, ISO 15022, a complex messaging standard whose implementation is supposed to decrease the number of

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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