Offers richer references and improved remittance information. This format is already used by many real-time, low-value, and high-value clearing systems around the world. Uses XML syntax and offers structured, rich data.

ML, ISITC, FISD, FPL, SWIFT Convener: Kevin Wooldridge, Standard Logic (UK) Vice-convener: Amod Dixit, Standard Chartered (SG) Secretary: Chad Spitler, BGI (ISITC) Approved: Investment funds (SWIFT), Transaction regulatory reporting (SWIFT), Proxy voting (SWIFT), Issuer’s agents communication for CA (Euroclear), FPP report (SWIFT), Corporate actions (SWIFT), Settlement & reconciliation (SWIFT) Under evaluation: Pre-trade/trade (SWIFT/FPL) Next: Total portfolio valuation statement (ISITC), Post-trade (SWIFT/Omgeo), Registration & holder identification (Euroclear), Market claims & automatic transformations (Euroclear), Securities issuance (Euroclear), Triparty collateral management (SWIFT), Alternative funds (SWIFT), Modification/replace & allegement response (SWIFT), Target 2 Securities (SWIFT/Bundesbank on behalf of 4 CB), CCP Clearing (FPL/SWIFT), Collateral Management (FPL, Fp. ISO 20022 is a standard for exchanging electronic messages.

ISO 20022 – The Securities SEG (1/3) < < < Members – 77 experts – 20 countries: AU, BR, CA, CH, DE, DK, FI, FR, GB, IE, JP, LU, NL, NO, RU, SE, SG, TR, US, ZA – 8 liaison organisations: Clearstream, ECB, Euroclear, ISDA/Fp. ISO 20022 (otherwise known as ISO) is the new data-rich language and structure for payments information with an EU migration date currently set for November 2021.

Iso 20022 example