ISO 20022 — Navigating rich semantics December 13, 2023 Rich means complex Our recent article ISO 20022 — An enabler for AI (and BI) discussed the potential of ISO 20022 as a strategic data asset. We acknowledged the challenges posed by its complex structure and granular content, and we explored the essential components of a data pipeline designed to take […]
Read MoreISO 20022 : Widening the lens November 21, 2023 Industry collaboration in the fight against financial crime “There is space for more collaboration, which is legally permissible.” “Put all your efforts to structure your data and to share them with all others in the chain.” “What we are talking about here is the clarity in […]
Read MoreISO 20022 : Embracing ISO 20022 October 30, 2023 Assessing opportunities and overcoming challenges for solution providers “We are living in a data society where everything is about data, and banks have absolutely the richest data passing through their systems, day in and day out. Entire economies pass through the banks.” “ISO can be the […]
Read MoreISO 20022 : A view from the top October 29, 2023 “At the heart of empowering AI, is really around structured data.” “There’s going to be second and third derivative benefits of ISO, speaking the same language and that same standard in terms of the business intelligence, the insights, and then the automation as a […]
Read MoreISO 20022 : A springboard for innovation October 27, 2023 Example – cross-business use cases with AI… “Can we use that element in the Payment message to do something better in the Securities message ?” “We want an AI to say: are you talking about the same thing [e.g. a credit account vs. a settlement […]
Read MoreISO 20022 — An enabler for AI (and BI) October 20, 2023 Part 1 — Setting the Stage In the world of finance, data is the lifeblood. It fuels decisions, drives innovations, and secures the flow of money. Amid this data-driven landscape, ISO 20022 emerges as the universal language for financial messaging. It doesn’t just provide a standardized syntax, […]
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