The financial world is entering a new era as financial institutions and banks prepare to move from SWIFT FIN (MT) and other legacy messaging formats to ISO 20022. This shift will offer a uniform messaging standard that supports the ever-growing need for fast and secure global payments. While the advantages of this shift are notable, the transition poses some challenges. For example, unlike SWIFT MT, ISO 20022 is XML-based. The workload associated with processing XML documents can be greatly minimized with Progress® MarkLogic®.
MarkLogic's ISO 20022 Accelerator for Payments equips subject matter experts with the information they need to prepare for the ISO 20022 migration. This helps businesses operate more effectively and frees them up to focus on new initiatives.
Watch webinar to explore:
- What ISO 20022 means for the financial industry
- Why businesses will benefit from migrating to ISO 20022
- What to consider for payments beyond ISO 20022
- How Progress MarkLogic supports payment processing and analytics
- How MarkLogic ISO 20022 Accelerator for Payments works
Progress MarkLogic's Sales Engineer, David Kaaret, explores the impact of migrating to the new ISO 20022 messaging standard and demonstrates how MarkLogic eases that effort. Watch to learn how MarkLogic can help facilitate easy integration and enhance data quality and innovation.