Cryptocurrency Q&A
Who is behind ISO 20022?
Who is behind ISO 20022?
BitcoinBaron
Mon Dec 02 2024
|
6 answers
1501
I'm curious about the background of ISO 20022. Specifically, I want to know who is responsible for developing and maintaining this standard. Who are the key players or organizations involved in its creation and ongoing updates?
6 answers
Silvia
Wed Dec 04 2024
It employs a modeling methodology to capture financial business areas in a syntax-independent way.
Was this helpful?
248
56
InfinityEcho
Wed Dec 04 2024
This methodology ensures that the messages can be easily understood and interpreted across different systems and platforms.
Was this helpful?
237
60
Federico
Wed Dec 04 2024
ISO 20022 is an International Standard that is divided into multiple parts.
Was this helpful?
179
41
DigitalTreasureHunter
Wed Dec 04 2024
ISO 20022 also covers business transactions and associated message flows, making it a comprehensive solution for financial messaging.
Was this helpful?
354
60
CryptoGladiator
Wed Dec 04 2024
This standard is prepared by the ISO Technical Committee TC68, which focuses on Financial Services.
Was this helpful?
118
68
Load 5 more related questions
