Key takeaways
Host: Raquel Grady, senior manager, Deloitte & Touche LLP
Presenters: Vineet Mishra, manager, Deloitte & Touche LLP
Raquel Gomez Sirera, senior manager, Deloitte Consulting LLP
1.0 Overview CPE credit | Specialized Knowledge
ISO 20022 is a global payments and reporting messaging standard now live in many countries, including the United States. It is transforming global payments and reporting standards, with a US compliance deadline for Fedwire by March 2025 and end of MT and MX coexistence period for SWIFT CBPR+ (Cross border payments and reporting plus) by November 2025. Are corporates ready to leverage the full benefits of this transition? We’ll discuss:
- Timeline and key milestones for 2025
- Impacts on technology, payment processing, data, and core banking systems
- Strategies for corporates to plan and execute ISO 20022 migration
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