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Wednesday, 02 October, 2024
10 am CET | 12 pm UAE | 4 pm SGT

ISO 20022 in Action:
Accelerating Modernization and Efficiency

In partnership with

Tokyo
Why attend

As the deadline for ISO 20022 implementation for cross-border payments and reporting nears, banks face a complex balancing act. They must juggle multiple priorities: ensuring regulatory compliance, simplifying operations amidst the growing volume of digital payments, budgeting for cloud-enabled payment technologies, and identifying effective business use cases that could unlock new revenue opportunities.

The native adoption of ISO 20022 will significantly impact the entire payments value chain. Enhanced data quality translates into better payment services for all stakeholders. Customers will enjoy a richer experience with more detailed information, simplified invoice reconciliation, reduced manual intervention, and the ability to correct or investigate payments using structured data. This also enables better customer profiling through advanced data analysis of payment processes.

To fully leverage the benefits of ISO 20022, financial institutions must embrace a forward-thinking approach, using this transition as a foundation for comprehensive payment modernization.

Join our thought leadership webinar panel discussion to explore key strategies for expediting ISO 20022 deployment using a model bank approach, leveraging cloud capabilities, and mitigating transformation risks.

The key take-aways

Understand why ISO native approach is both strategic and fundamental in Modernization Journey

Discuss the regional adoption status of international financial messaging standards

Realise the importance of having a modernised backbone for payment modernisation as part of digital transformation

Explore why Strategic Payment Hub must be at the core to accelerate modernisation and efficiency

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The webinar panel

Click to view full speaker details

This webinar is in partnership with

Tokyo

Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at finastra.com.

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