MyStandards Readiness portal benefits for securities
Enjoy 30% reduction of analysis costs and 50% reduction of time linked to standards release upgrades
Users of MyStandards Readiness Portal have reported significant and impactful savings in cost and time thanks to this user-friendly testing tool.
Self-service testing in a customised portal, with harmonised documentation that makes it possible to have market specific guidelines available for testing in March, rather than in June, makes Readiness Portal absolutely invaluable. On top of that, you can get an automated impact analysis in a single click.
Cut through complexity
Support your counterparties and communities by providing access to the Readiness Portal for testing during implementation and migration projects.
Whether you’re migrating to ISO 20022 standards, connecting to a new counterparty or intermediary, or implementing a new market practice, MyStandards Readiness Portal helps cut through the complexity by providing an online testing capability against the relevant standards and specifications.
Network agnostic, Readiness Portal provides a harmonised experience across all channels on a central web platform independent from the IT infrastructure, and is a 24/7 one-stop shop for standards content – from annual standards releases to market practices.
Increase automation across your processing chain
The Readiness Portal is fully integrated with MyStandards, so you and your counterparties can check against the latest specifications and standards – including all MT (ISO 15022), MX and ISO 20022 standards - at any time.
You can make the Readiness Portal available to your counterparties and tailor it to their specific testing requirements, allowing them to test their message formats online independently, while you are able to monitor and analyse your counterparty’s progress, as well as use the Readiness Portal to validate your usage guidelines internally.
In 2012, SGX embarked on a journey to modernise its clearing, settlement and depository systems, moving to real-time message-based communication and adopting international standards.