ISO 20022 and MX message standards - overview
| Learning channels: |  SWIFT eTraining |
On-site training |
SWIFT’s new MX standards are eminently suited to automate today’s complex message flows. In this course you will acquire fundamental knowledge about the ISO 20022 process, the convergence and co-existence concepts and why and how XML is used.
Subscribe to the SWIFT eTraining module Download the SWIFT eTraining module (.zip)Audience
As this is an introductory course, it is targeted at anyone who needs a good overview of ISO 20022 and its use of XML: business analysts, SWIFT administrators, managers evaluating SWIFT’s new business solutions, etc.
You will learn how to
- Map the new standards with today’s business needs
- See the evolution from FIN MT to the new MX standards
- Prepare for MX standards related projects and discussions in your institution
- Review the various solutions set up by SWIFT to help the business flows
Course content
- SWIFT standards concepts
- Variants and versions
- Naming
- ISO 20022 registration process
- Translation rules and MT to MX migration tools
- SWIFT' MX standards messages
- Syntax
- Schema
- Message structure, including headers
- Validation
- How to use the tools
- SWIFT standards Message Reference Guide
- ISO 20022 repository
- MX standards for SWIFT's business solutions
Prior knowledge
No prior knowledge of SWIFT is required.
Duration
The course duration depends on the learning channel you choose:
- SWIFT eTraining: 3 hours
- On-site training: as per your requirements
SWIFT eTraining price
Click here for pricing information.