Development of a solution for migration to ISO 20022

With an eye to a global trend towards universal payment messaging format ISO 20022 being chosen over proprietary solutions, VTB required an audit of the bank’s payment infrastructure landscape and conceptual design of a solution that would allow migrating to the new format at minimum expense.

VTB selected Cinimex as a contractor for the project, and Cinimex team successfully delivered a solution, which enabled migration to ISO 20022 with minimal modification of bank's systems.

The solution was implemented through a new module for communication with external channels – ISO Integrator, based on IBM WebSphere Transformation Extender (WTX) completed with a financial transaction package.