Quick Reads: Simplify Your Path to ISO 20022 Compliance

Achieving and maintaining ISO 20022 compliance presents a complex, ongoing challenge for financial institutions. The research report by Finextra Research in collaboration with Volante Technologies in June this year highlighted a stark reality: “The path to ISO 20022 compliance is more challenging and time-consuming than many anticipated.“

Unifits’ solutions are expertly designed to address these challenges directly. Our automated testing solution, customized for industry-specific requirements, offers a streamlined, precise, and efficient approach to achieving and maintaining ISO 20022 compliance. By significantly reducing testing efforts, it adds substantial value to financial institutions and allows their teams to focus on other critical tasks and priorities.

Utilizing Unifits’ solutions on your path to ISO 20022 offers several key advantages

Reduced Resource Expenditure and Minimized Risk

By automating the testing process and using end-to-end payment simulators, Unifits helps financial institutions to significantly minimize resource costs and risks.

Seamless Operations

Continuous real-time transaction simulations ensure systems meet real-time processing requirements, maintaining seamless operations in a complex financial landscape.

Consistent ISO 20022 Implementation

Automating the testing of various message types and formats ensures consistent ISO 20022 standards implementation across different platforms.

Efficient Data Handling and Compliance

Our solutions excel in large-scale data validation, aligning with regional and international regulations, thereby reducing the risk of non-compliance.

Agility and Adaptability

Unifits supports continuous integration and deployment, enabling rapid adaptation to changing standards and ensuring smooth transitions during updates or the introduction of new standards.

Enhanced Transparency and Coordination

Automated reports from repeatable test executions provide clear, consistent information, improving transparency and coordination among stakeholders.

🪂 Ensure your ISO20022 compliance now! Contact us to discover how Unifits can streamline your testing processes or learn more about our automated solutions for ISO 20022 compliance.