- April 19, 2023
- Global Payments Knowledge, Strategy
- ISO 20022
ISO 20022 Migration – Understanding the benefits and implications of adoption
In order to provide organisations context to understand the benefits and implications of adopting ISO20022, PayX have created a document that may help to make informed decisions prior to the ISO 20022 journey.
Approach
Hindsight is 20/20
Starts by leveraging the experience of about 56 bodies that were closely involved with the SEPA ISO 20022 migration The research used paper included qualitative and quantitative research spanning 7 countries that participated in the migration
Data Level Insights
Further analysis of the data level changes provides further insights of the deeper ISO 20022 value
Fake News
Some ISO 20022 myths are investigated and debunked
Transition & Deployment Strategies
Elaborate on possible transition and deployment strategies for your organisation
So What?
Finally, some conclusions and recommendations