Audio series

ISO 20022 Messaging Standard: Are You Ready?

December 16, 2022
  • Investor Services
BBH’s Janet Du Chenne speaks to SWIFT’s Juliette Kennel about what firms need to do to prepare for the adoption of a new messaging standard, as well as the downstream benefits and impacts

March 2023 marks the start of the migration to SWIFT’s ISO 20022 messaging standard for cross border payments and reporting with a coexistence period with MT messages until November 2025. Less is known about what is going on in the securities space, which is already using ISO 20022. BBH’s Janet Du Chenne talks to Juliette Kennel, Head of Standards at SWIFT, about what financial institutions and asset managers need to do to prepare, as well as the benefits and impacts of the new messaging standard.

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Shorter Settlement Cycles for Securities Are Coming. Are you Prepared?

As the world watches the U.S. market plan for a T+1 cycle for securities settlement, others are assessing similar moves. BBH sets out the main process areas in the securities trade lifecycle that will be impacted by shorter settlement cycles and what you need to do now to prepare.
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