Swarraj Kulkarni’s Post

Financial institutions must rigorously validate their Fedwire ecosystem for ISO 20022 compliance. Even with the availability of the DIT2 testing environment, a flexible, self-reliant testing environment paired with a cost-effective tool ecosystem can significantly enhance ongoing testing confidence. This continuous assurance supports the application ecosystem's evolution, schema changes, and business rule variations. #fedwire #iso20022 #BlitzzPay #Nimbusnext

The Fedwire ISO 20022 compliance deadline is approaching fast. Financial institutions must align, transition, and validate before March 10, 2025. This complex task involves testing not only final payment messages but also the readiness of upstream and downstream systems. Nimbusnext BlitzzPay™ offers comprehensive support for ISO 20022 readiness, ensuring seamless compliance across all business systems and Fedwire messages. #iso20022 #fedwire #Nimbusnext #BlitzzPay

ANNOUNCEMENT: We're co-hosting a webinar with Swift about the ISO20022 migration! We're now in the last mile of the ISO 20022 migration -- financial institutions must ensure that they have migrated their MT Category 1, 2, and 9 messages to the ISO 20022 standard by November 2025, at which time the coexistence phase between the MX and MT messages will end. It's critical that organizations begin configuring and testing their connectivity this year, so that any migration challenges are addressed and fixed with enough time to spare. In this joint session with Swift, we will be exploring where the industry is right now with regard to the migration, what organizations need to know as we near the deadline, and how Axletree has helped our clients manage this migration swiftly and seamlessly. Session details below! What: "ISO20022: The Last Mile" When: July 11th, 2024 @ 11 AM ET Length: 50 mins including Q&A Who: Veronica Betancourt from Axletree & Marcos Cameron from Swift Where: Register here for the Zoom webinar: https://lnkd.in/g5dbc8ks We hope to see you there! #ISO20022 #FintechWebinar #BestClientExperience

ANNOUNCEMENT: We're co-hosting a webinar with Swift about the ISO20022 migration! We're now in the last mile of the ISO 20022 migration -- financial institutions must ensure that they have migrated their MT Category 1, 2, and 9 messages to the ISO 20022 standard by November 2025, at which time the coexistence phase between the MX and MT messages will end. It's critical that organizations begin configuring and testing their connectivity this year, so that any migration challenges are addressed and fixed with enough time to spare. In this joint session with Swift, we will be exploring where the industry is right now with regard to the migration, what organizations need to know as we near the deadline, and how Axletree has helped our clients manage this migration swiftly and seamlessly. Session details below! What: "ISO20022: The Last Mile" When: July 11th, 2024 @ 11 AM ET Length: 50 mins including Q&A Who: Veronica Betancourt from Axletree & Marcos Cameron from Swift Where: Register here for the Zoom webinar: https://lnkd.in/g5dbc8ks We hope to see you there! #ISO20022 #FintechWebinar #BestClientExperience

ANNOUNCEMENT: We're co-hosting a webinar with Swift about the ISO20022 migration! We're now in the last mile of the ISO 20022 migration -- financial institutions must ensure that they have migrated their MT Category 1, 2, and 9 messages to the ISO 20022 standard by November 2025, at which time the coexistence phase between the MX and MT messages will end. It's critical that organizations begin configuring and testing their connectivity this year, so that any migration challenges are addressed and fixed with enough time to spare. In this joint session with Swift, we will be exploring where the industry is right now with regard to the migration, what organizations need to know as we near the deadline, and how Axletree has helped our clients manage this migration swiftly and seamlessly. Session details below! What: "ISO20022: The Last Mile" When: July 11th, 2024 @ 11 AM ET Length: 50 mins including Q&A Who: Veronica Betancourt from Axletree & @Marcos Camero from Swift Where: Register here for the Zoom webinar: https://lnkd.in/g5dbc8ks We hope to see you there! #ISO20022 #FintechWebinar #BestClientExperience

🚀 The deadline for Fedwire ISO 20022 compliance is rapidly approaching! Financial institutions must align, transition, and validate their systems before March 10, 2025. This complex task includes testing not just final payment messages, but also ensuring the readiness of all upstream and downstream systems. 🏦💻 Nimbusnext BlitzzPay™ provides full support for ISO 20022 readiness, guaranteeing seamless compliance across all business systems and Fedwire messages. 🌐✔️ Let's make this transition smooth and efficient! #fedwire #realtimepayments #financialinstitutions #blitzzpay #simulator #nimbusnext #instantpayments #creditunions #testing

The ISO 20022 deadline is more than compliance—it’s a chance to modernize. Discover insights from Neeraj Gupta on how automation transforms wire transfers into growth opportunities. Read the article. #wiremodernization #ISO20022 #wiretransfers

Fedwire stands ripe for transformation at financial institutions. Are you leaning towards quick fixes with translators or gearing up strategically for ISO 20022 and the imminent 24/7/365 Fedwire availability? Let's hear from experts sharing their take on this. Sign up to be part of the conversation. #fedwire #iso20022 #paymenttransformation #realtimebanking

🌐 Unlock the Power of ISO 20022! 🌐 Dive into the comprehensive ISO 20022 Message Definitions and XSD Libraries to streamline your financial messaging and ensure seamless interoperability. Explore the extensive resources available to enhance your understanding and implementation of this global standard. Discover more here: ISO 20022 Message Definitions https://okt.to/hDl7NJ #ISO20022 #Fintech #FinancialMessaging #Interoperability #Innovation #FinastraPayments

Are you Ready For ISO20022? This international standard for financial messaging is becoming increasingly important in the global financial sector. Its adoption is growing across the world, with countries like Europe, Japan, Switzerland, and India leading the way. ISO20022 supports end-to-end payment messages and enables comprehensive information transfer through a common data dictionary. Financial institutions, corporations, and financial applications providers are taking notice. Staying up-to-date with ISO20022 is crucial for success in the financial industry as the world becomes more interconnected. The Fedwire Funds Service remains on schedule to implement ISO20022 messages on March 10, 2025. #ISO20022 #financialmessaging #globalstandards