ISO 20022 for Treasurers
What the migration means for reconciliation, cash forecasting, and payment automation.
Why the migration matters
ISO 20022 carries structured remittance data that legacy MT messages cannot, enabling materially higher straight-through reconciliation rates.
Operational changes
Treasury teams must work with their ERP and bank counterparts to ingest the richer message fields and update reconciliation rules.
Quantifying the benefit
Early-adopter organizations report straight-through reconciliation rates above 90%, with corresponding reductions in exceptions queues and working capital tied up in reconciliation lag.
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