The Treasury Update Podcast ISO 20022: From Compliance to Competitive Advantage (TIS)
Aug 18, 2025
Join Mayank Randev, Director of Solution Engineering at TIS, as he dives deep into ISO 20022's transformative power for treasury operations. Discover how this new standard can turn compliance into a competitive advantage by enhancing data management and operational efficiency. The discussion sheds light on navigating the shift from traditional messaging to more sophisticated formats, boosting integration, and automating financial processes. Listen in to explore how corporates can harness rich data for better decision-making and drive value in cash management.
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Global Messaging Standard Shift
- ISO 20022 is a global XML standard that creates a common language for payments, cash reporting, trade finance and FX.
- SWIFT's November 2025 move from MT to ISO 20022 drives broad change in interbank messaging.
Confirm Bank Migration Plans
- Corporates should check each bank's approach because banks may mandate XML formats differently.
- Assess bank plans now to avoid surprises when banks stop supporting legacy message types.
Structured Data Enables Automation
- ISO 20022 enables richer, structured data which fosters straight-through processing and automation.
- Firms that simply apply middleware miss opportunities for resilience and better customer experience.