Transition to ISO 20022: From MT to MX
Comprehensive consulting services for banks and payment system participants.
Our Services
Full transition support – from analysis to implementation:
-
Preparation - analysis of the current state, roadmap -
Regulatory framework - rules, methodological materials, regulatory proposals -
Technical implementation – system modernization, MT ↔ MX services -
Testing - internal tests, pilot projects, training of participants -
Transition and support – launch plan, consultations, data quality audit
How It Works
Preparatory Stage
- Establishing a project office and forming a working group;
- Analyzing the current state (MT messages used, business processes, standards, participants, and communication channels);
- Defining the target model (set of mandatory MX messages, developing a roadmap).
Regulatory and Methodological Support
- Preparing rules and standards;
- Defining mandatory fields and business rules;
- Developing methodological materials for participants;
- Proposing amendments to regulations and standards.
Technical Implementation
- Modernization of the national payment system with ISO 20022 support;
- Development of MT ↔ MX conversion services for the transition period.
Testing and Piloting
- Conducting internal tests;
- Organizing training seminars for participants;
- Pilot testing with participants.
Transition to ISO 20022 Compliance
- Development of an operational transition plan;
- Consulting and technical support for participants during the launch.
Post-Project Support
- Ongoing consulting and technical support for participants;
- Data quality monitoring and audit;
- Adjustments to standards and processes.
Why Do They Choose Us?
- SuccessA successfully implemented project in Kazakhstan, customer: National Bank of the Republic of Kazakhstan
- ExpertiseExpertise in ISO 20022 and international payment standards
- ExperienceExperience in implementing complex IT projects in the banking sector
- SupportMethodological and technical support at all stages
- ReliabilityMinimizing risks and costs during the transition
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Our Clients
Services
Products
Banks and Finances
Industry Solutions
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Solutions
About Company
Working hours:
Mon-Fri: 9.00-18.00
Sat-Sun: days off
Mon-Fri: 9.00-18.00
Sat-Sun: days off
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