Why corporates are choosing MyStandards
Register for MyStandards free of charge for online access to up-to-date standards and documentation – including the latest specifications and usage guidelines from your banks.
Significant time savings for corporates
For corporate treasurers, flawless communication of payment instructions and transactions with your banks is business-critical. When it comes to implementing a new service or adding a banking partner in a new market, you need things to go quickly and smoothly. And if something changes in the message formats, you want to update your systems in good time.
With MyStandards you can access up-to-date standards and documentation – including the latest specifications and usage guidelines from your banks – any time, free of charge.
Best of all, combined with the Readiness Portal, MyStandards has proven to reduce the time and effort it takes for you to complete your bank’s onboarding process by 50%.
Efficiently manage standards documentation
It can be daunting to find, access, interpret and understand all standards-related information relevant to your business. Keeping track of global standards, global and local market practices, and bilateral guidelines – and all new releases and changes – only adds to the challenge.
With the MyStandards collaborative web platform, your bank can share with you its Message Implementation Guidelines and other standards documentation, so you always have access to the latest requirements.
MyStandards is also an online repository of all current and future MT, MX and ISO 20022 standards and publicly available market practice guidelines (e.g. CGI) and specifications for you to browse or download.
Streamline standards practice
Stay up-to-date with standards changes and manage your organisation’s standards use more efficiently with MyStandards.
MyStandards Premium, available for an annual subscription, offers even more features to help you formalise your standards practice across your organisation and with multiple banking partners.
It enables you to:
- Compare bank requirements between banks and against market practices such as
- Formalise, document and update your organisation’s standards practice for internal
- Give access to multiple users across your organisation and
- Share documentation with software providers and other
- Access a wide range of activities such as user group events, premium training sessions and monthly dialogue sessions.
Want to know more about MyStandards?
Get in touch with our MyStandards experts.