Automation is key in today’s treasury practice. Improving processes and transparency is crucial because of the multitude and increasing complexity of operations. This case study aims at fostering a sustainable solution that works both for banks and corporates.
A collaborative web application that is used to manage standards definitions and industry usage in a more efficient way. MyStandards enables users to reduce time, effort, and risk to manage and implement standards.
The standard that describes the agreed methodology used by the financial industry to create consistent message standards. ISO 20022 uses a modelling methodology to capture financial business areas, business transactions, and associated message flows in a syntax-independent way.