Online webinar
See all Events »
Webinar - Incorporating RTGS, ISO 20022 and cross-border migration into payments modernisation plans

When:

On-Demand

Where:

Online Webinar

Webinar - Incorporating RTGS, ISO 20022 and cross-border migration into payments modernisation plans

The payments world has reached a critical inflection point.

Banks are tackling the importance of enabling payment innovation and diversification by creating infrastructure that is flexible and configurable while collaborating with technology companies to plan and achieve enterprise-wide payments modernisation.

As Real-Time Gross Settlement (RTGS) incorporates the global messaging standard ISO 20022, organisations have an increasing stack of compliance and industry deadlines upon which there is ever-greater pressure to differentiate their service offering and compete for business.

Financial services providers are migrating from the existing SWIFT MT messaging to ISO 20022 to take advantage of benefits such as richer data, improved analytics and fraud detection; reduced risk, enhanced straight-through-processing and better customer service; flexibility of response to emerging technologies, ultimately promoting innovation for cross-border payments.

Understanding the evolutionary changes in cross border payments and identifying opportunities to optimise payments journeys by adding overlay services is crucial in order to monetise the effort.

Migration deadlines have been pushed back and this shows to highlight the vast challenge that organisations are dealing with and the number of systems involved that need to be integrated as part of the same payments ecosystem. Enterprise-wide modernisation plans that most firms have in place need to accommodate changes in cross-border and RTGS money movement and hence the task to manage multiple shifts and projects simultaneously becomes herculean.

Agility is required to remain relevant in a crowded marketplace and keep pace. Banks may start with one driver: either RTGS, ISO 20022, cross-border migration or a technology layer when modernising payment infrastructure in the first instance, but when considering a holistic and comprehensive payments strategy, delivery models need to be aligned in close succession and yet continually reviewed in order to meet compliance deadlines and tally budgets.

All this against the backdrop of core transformation, ever-changing adoption of cloud services and the new norm of having to be fit and ready for anything at anytime, and FIs quickly have their work cut out as they jostle for position in the emerging financial arena.

Join us for this Finextra webinar, in association with FIS, to hear industry experts discuss the following, and more:

  • Juggling converging compliance and modernisation pressures 
  • RTGS, ISO 20022 and cross-border payments migration and what kind of overlay services can be built on top 
  • Long-term strategy and delivery for enterprise-wide payments modernisation - how to monetise the efforts 

 Speakers:

  • Gary Wright - Head of Research, Finextra [Moderator]
  • Guy Moons - Head of International Solution Consultants, Enterprise Payments, FIS
  • Petia Niederländer - Head of Retail and Corporate Operations, Erste Group Bank AG
  • Giangiulio Bagnai - Associate Director, Regulatory Programs, NatWest Bank
  • Bruno Mellado - Global Head of Payments and Receivables, BNP Paribas

 

> Watch the webinar now

Upcoming events
See all Events »
Webinar - Instant payments and data - the next wave of modernisation in banking infrastructure

Webinar - Instant payments and data - the next wave of modernisation in banking infrastructure

Thursday 20th October 2022 15:00 BST | 16:00 CEST | 10:00 EDT

Register for our upcoming webinar with Hazelcast on Thursday 20th October at 15:00 BST, as industry experts discuss why is modernising infrastructure for banks becoming increasingly important in the push toward real-time payments.

NextGen Nordics 2023 |        In-person conference

NextGen Nordics 2023 | In-person conference

25 April 2023

Thank you very much for your interest in NextGen Nordics 2023. There is no charge to attend the event however, there is a limited number of places available, and priority goes to registrations from Banks and regulated financial services organisations. Your registration will be held in a queue, and confirmation will be provided once we have reviewed your registration.

EBAday 2023

EBAday 2023

20 - 21 June 2023