Course Code: 20022bespoke
Duration: 15 hours
Overview:

Learning Objectives

By the end of the training, participants are expected to:

« Explain the key concepts of financial messaging, principles within 1SO 20022, and what makes it different from other standards

« Learn the use of ISO 20022 — where and what it is currently being used, and how to implement it.

« Describe the ISO organization and the various committees that together define, maintain and promote the standard.

« Learn about SWIFT and how it became a major contributor to ISO 20022 on many fronts

Course Outline:

Module 1: Introduction to ISO 20022

  • What are Financial Standards?
  • 1SO 20022 Fundamentals
    • The value proposition
    • The standard
    • Theactors
    • The registration process
    • The repository
  • Using ISO 20022
  • 1SO 20022 and other Standards

Module 2: 1SO 20022 in Action

  • Payments, Funds & Securities, Forex, Cards and Trade
  • How Standards Coexist
  • nteroperability within the Financial Industry
  • 1SO 20022 Implementation

Module 3: The ISO 20022 Organization

  • Business Justification Approval
  • Development of Candidate ISO 20022 Messages
  • Approval of Candidate ISO 20022 Messages
  • Publication of ISO 20022 Messages
  • The Technical Support Group (TSG)

Module 4:1SO 20022 and SWIFT

  • SWIFT’s Role in the ISO 20022 Standard
  • Tools and Services for Standards Developers
    • SWIFTNet
    • Implementation tools and services
  • Open Discussion(s) and Activities