EP997: Why banks cannot afford to rely on ISO 20022 translation tools
About this episode
Nick Fernando discusses the implications of banks relying on ISO 20022 translation tools and the importance of being ISO 20022 native.
Nick Fernando, Co-founder & Director, Aqua Global Solutions The Swift ISO 20022 deadline of 22 November 2025 is now past history. Isn’t it? Well, it appears not, with many banks continuing to rely on translation tools to bridge legacy systems. Yet stopgap measures come at a cost. Nick Fernando, Co-founder and Director at Aqua Global Solutions, warns that translation tools won’t cut it in the long run. Banks that are ISO 20022 native stand to gain far more than compliance – from faster str...
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