Скачать или смотреть Banking for IT - ISO 20022 and Custody

The clip provides a comprehensive overview of the ISO 20022 global messaging standard, focusing on its critical role in modernizing Custody (securities services) and replacing the older SWIFT MT 5xx format. It explains that ISO 20022 utilizes XML-based MX messages for richer data, improved structure, and enhanced Straight-Through Processing (STP) compared to its predecessors. Specifically for custody, the text outlines how functions like settlement instructions and corporate action notifications are mapped to new ISO 20022 message families (e.g., sese and seev). Furthermore, the document emphasizes the technical advantages for developers, such as easier data mapping and built-in schema validation, while acknowledging the current challenge of implementing a dual processing environment during the industry migration.