Tech Insights

ISO20022

Last updated May 16, 2025, generated by Sumble

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What is ISO20022?

ISO 20022 is an international standard for financial messaging. It provides a common platform for the development of messages related to financial transactions. It is commonly used for payments, securities, trade services, cards, and other financial business areas, aiming to provide a rich and structured data format that improves interoperability and straight-through processing.

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What other technologies are related to ISO20022?

ISO20022 Competitor Technologies

ISO15022 is a predecessor messaging standard. While not entirely replaced, ISO20022 is the modern standard.

mentioned alongside ISO20022 in 92% (79) of relevant job posts

SWIFT MT (Message Type) is the older messaging standard offered by SWIFT, being replaced by ISO20022 MX messages.

mentioned alongside ISO20022 in 23% (113) of relevant job posts

ISO8583 is a messaging standard used primarily for card payments. While still in use, ISO20022 offers more flexibility and richer data.

mentioned alongside ISO20022 in 13% (154) of relevant job posts

MT is an older messaging standard offered by SWIFT that predates ISO20022.

mentioned alongside ISO20022 in 5% (148) of relevant job posts

ISO20022 Complementary Technologies

SEPA (Single Euro Payments Area) uses ISO20022 for its credit transfers and direct debits.

mentioned alongside ISO20022 in 13% (327) of relevant job posts

Lynx is Canada's high-value payment system. It uses ISO20022.

mentioned alongside ISO20022 in 70% (57) of relevant job posts

CHAPS (Clearing House Automated Payment System) is a UK payment system that has migrated to ISO20022.

mentioned alongside ISO20022 in 20% (149) of relevant job posts

Which job functions mention ISO20022?

Job function

Jobs mentioning ISO20022

Orgs mentioning ISO20022

Data, Analytics & Machine Learning

0% (564) job posts

5 organizations

Data Analyst

0% (544) job posts

192 organizations

Software Engineer

0% (321) job posts

102 organizations

Consultant

0% (144) job posts

55 organizations

Product Manager

0% (108) job posts

41 organizations

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Which organizations are mentioning ISO20022?

Organization

Industry

Matching Teams

Matching People

Standard Chartered Bank

Finance and Insurance

Finance and Insurance

Finance and Insurance

Finance and Insurance

Finance and Insurance

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