Unlocking the Power of ISO 20022 Standards


Posted May 10, 2024 by eastnets

Eastnets offers a suite of solutions that make ISO 20022 migration fast, safe, and easy, including a native ISO 20022 multi-scheme solution, a real-time duplicate message detection tool and more!
 
In the ever-evolving landscape of finance, staying ahead of the curve is key. With the transition to ISO 20022 standards gaining momentum, financial institutions are seeking seamless solutions to navigate this shift. Enter Eastnets, offering a suite of solutions tailored to make ISO 20022 migration fast, safe, and easy.

Why ISO 20022 Matters:
ISO 20022 isn't just another industry buzzword; it's a game-changer. This universal language for financial messaging promises improved straight-through processing, richer payment data, enhanced interoperability, and regulatory compliance. It's the future of financial communication, and Eastnets is here to help you unlock its potential.

Proven Multi-Scheme Solution:
Eastnets' native ISO 20022 multi-scheme solution is the cornerstone of their offerings. It seamlessly translates, transforms, enriches, and optimizes payment flows against standard libraries with minimal impact on existing applications. With Eastnets, managing network relationships for each channel at your own pace becomes a breeze.

Detect and Track Duplicates:
Duplicate messages are a headache no financial institution wants. Eastnets' real-time detection tool swoops in to save the day, preventing duplicate messages from being processed twice. Whether ISO, MT, or proprietary formats, rest assured, your counterpart relationships remain intact while avoiding the hassle of investigations and refunds.

Advanced Monitoring and Exception Alerts:
With Eastnets' Business Intelligence (BI) tools, gaining insights into your business and operations activities becomes a breeze. Whether it's payments or cash management transactions, in any format or scheme, ISO 20022 or not, Eastnets has you covered. Plus, during the transition phase, you'll still have access to all formats related to the same fund transfer.

Protect from New Channel Related Fraud:
Fraudsters beware! Eastnets' real-time payment fraud detection solution is here to safeguard your transactions across different payment channels. Whether ISO20022 enabled or not, their solution offers a wide range of self-adapting controls, intercepting and acting against suspicious transactions before they cause any harm.

Conclusion:
In the fast-paced world of finance, adapting to change is non-negotiable. With Eastnets' ISO 20022 solutions, the transition becomes not only manageable but also rewarding. Say goodbye to complexities and hello to a future where financial communication is faster, safer, and more efficient than ever before.
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Issued By eastnets
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Country United Kingdom
Categories Business , Security
Tags iso 20022
Last Updated May 10, 2024