ISO 20022
E15950
ISO 20022 is a global financial messaging standard that defines a common, structured data model for electronic payments, securities, trade, and other financial transactions.
Aliases (10)
- ISO 20022 data dictionary ×2
- ISO 20022 Registration Authority ×1
- ISO 20022 Standards Evaluation Groups ×1
- ISO 20022 Universal financial industry message scheme ×1
- ISO 20022 business model ×1
- ISO 20022 external code lists ×1
- ISO 20022 financial messaging standard ×1
- ISO 20022 message definitions ×1
- ISO 20022 message definitions repository ×1
- SWIFT MX ×1
Statements (82)
| Predicate | Object |
|---|---|
| instanceOf |
ISO standard
→
data interchange standard → financial messaging standard → |
| basedOn |
model-driven architecture
→
|
| belongsToCommittee |
ISO Technical Committee 68
→
|
| belongsToSubcommittee |
ISO TC 68/SC 9
→
|
| defines |
XML-based message schemas
→
business process models for financial messaging → common data dictionary for financial messages → syntax-independent business components → |
| domain |
cards
→
financial services → foreign exchange → payments → securities → trade services → treasury → |
| enables |
better sanctions screening
→
enhanced analytics for payments → improved reconciliation → richer compliance screening data → |
| firstEditionPublished |
2004
→
|
| fullName |
ISO 20022 Universal financial industry message scheme
→
|
| governedBy |
Registration Authority
→
Registration Management Group → Standards Evaluation Groups → |
| hasComponent |
business model
→
logical model → physical message schemas → |
| hasOnlineRepository |
ISO 20022 message definitions repository
→
|
| messageIdentificationPrefix |
"acmt" for account management
→
"auth" for authentication → "camt" for cash management → "colr" for collateral → "fxtr" for foreign exchange trades → "pacs" for payments clearing → "pain" for customer payments → "reda" for reference data → "scty" for securities generic → "seev" for shareholders meetings → "semt" for securities → "sese" for securities settlement → "setr" for funds transfers → "tsmt" for trade services → |
| objective |
enable interoperability between financial systems
→
harmonize financial messaging standards globally → improve automation and straight-through processing → |
| publishedBy |
International Organization for Standardization
→
|
| registrationAuthority |
SWIFT
→
|
| relatedStandard |
ISO 15022
→
SWIFT MT → |
| replaces |
SWIFT MT standards in many use cases
→
|
| standardNumber |
20022
→
|
| status |
widely adopted global standard for financial messaging
→
|
| supports |
bank-to-bank messaging
→
corporate-to-bank messaging → cross-border payments → end-to-end structured data → high-value payments → real-time payments → regulatory reporting data → rich remittance information → |
| supportsProcess |
card transaction processing
→
cash management → foreign exchange confirmation → payments clearing and settlement → securities settlement → trade finance processing → |
| usedBy |
central banks
→
commercial banks → corporates → market infrastructures → payment system operators → |
| usedInMigrationProgram |
CHAPS migration to ISO 20022
→
CHIPS ISO 20022 migration → EURO1 migration to ISO 20022 → Fedwire Funds Service ISO 20022 migration → SWIFT CBPR+ (Cross-Border Payments and Reporting Plus) → TARGET2 migration to ISO 20022 → |
| usesSyntax |
ASN.1
→
JSON → XML → |