CGI-MP: simplifying corporate-to-bank implementations
The Common Global Implementation (CGI) initiative aims to simplify various payment related corporate-to-bank implementations by promoting the wider acceptance of ISO 20022 XML. The initiative provides a forum for banks, bank associations, corporates, corporate associations, vendors and market infrastructures.
The CGI group works to achieve its goals through consultation, collaboration and agreement on common implementation templates for various ISO 20022 financial messages. By publishing and promoting these messages, the group aims to attain their widespread recognition and adoption.
The initiative is intended specifically for global, multi-country, multi-bank and multi-instrument implementations. It focuses on the general message structure and successful creation of individual transactions that can be executed by participating banks.
CGI is driven by customer demand for multibank coordination of implementations
- Intended specifically for global, multi-country, multi-bank and multi-instrument implementations that the participating banks can commonly accept as ONE of their implementations.
- Focused on the general message structure and then successful creation of individual transactions that can be executed by the participating banks.
- Published and endorsed from appropriate communities.
- Engaged through active corporate partnership.
A corporate can use the same message structure for all their payments with all of their transaction banks reaching any payment system across the globe.
From bank-to-customer reporting to electronic bank account management (eBAM), the CGI Work Groups focus on a number of different ISO 20022 message types.
Find out who is involved in the CGI-MP initiative, from the management team to contributing members and observers.
We are supporting the CGI initiative through active participation in the ongoing work programme and the publication of CGI documents.