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The Standards Forum is the place where business and standardisation meet. This group would like to facilitate and encourage dialogue around standardisation in the financial industry, and share views, insights and updates on how financial standards can contribute to reducing cost and increasing efficiency when tackling today's challenges such as automation, compliance, and regulation.
Yes folks, it’s that time of year when 7000 bankers from around the world congregate to catch a glimpse of the real brains and architects of our industry at the Standards Forum. There should be no d...
As I write, I’m on my way home from a punishing 3-day trip to Denver for the quarterly ISITC meeting. I didn’t set foot outside from the moment I checked in on Sunday morning until it was time to hea...
Since 1947 ISO has published close to 20,000 standards - standards for just about everything - plastics, glass, screw threads, surgical implants, for example. Shipping containers are another good exa...
Part III in a series of blogs around the 2014 Standards Forum events. Standards are often criticized. Painstaking to develop, some might say painful, and adoption can be frustratingly tedious and dra...
In the context of ISO 20022 adoption I have talked about the so-called tipping point a number of times in my talks, decks, and blogs in the past year or so. It’s that apex at the top of the curve whe...
It’s that time of year again. ISITC. Boston. March. By far my favorite event on the standards calendar. I like it so much I built an app for it. Just as recruitment consultants advise clients of...
After the successful 10th Anniversary of the Standards Forum at Sibos in Dubai SWIFT is kicking off the 2014 program in New York this week. This will be first of six meetings planned for this year; t...
At an ISITC meeting many many years ago I sat down to breakfast with the Head of SWIFT Standards at the time and I outlined my frustrations. What is the point of doing all this work to define a marke...
In this, the 4th blog in a series around SR2014 I thought I’d share a few things that I’ve discovered as part of my own analysis now that the SR2014 User Handbook is out there. As is normal, a few thi...
Let the fun and games begin. On December 20th SWIFT published the SR2014 User Handbook containing the gory details of all the changes that will take effect next November. http://www.swift.com/produc...
This is not the part-2 that I promised; rather, it is a quick one to address a question I was asked about the blog I posted last week. The question was, can you define “whopper”? It’s a fair questio...
The annual SWIFT Standards Release is a remarkable animal. Generally speaking, the financial industry does not like to be told what to do; we hire expensive lawyers to lobby against proposed regula