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...

People in this episode

Guest: Nick Fernando

Topics covered

• ISO 20022
• banking
• financial technology
• legacy systems
• compliance
• translation tools

Keywords

• ISO 20022
• banking compliance
• translation tools
• legacy systems
• financial technology

Mentioned in this episode

Organizations: Aqua Global Solutions

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