Accelerate Digital Transformation in Banking

The global transition to ISO 20022 messaging is well underway, with the final SWIFT deadline fast approaching in November 2025. On the surface, this shift might seem like a compliance milestone—yet another checkbox in a long line of regulatory requirements.

However, for banks and financial institutions willing to look deeper, SWIFT 2025 offers something far more valuable: a strategic opportunity to modernize legacy systems, improve data quality, and lay the foundation for lasting digital transformation.

The Cutover That’s More Than Just Compliance

By November of this year, financial institutions must adopt ISO 20022 as the single standard for cross-border payments and reporting, marking the end of dual-format messaging. It’s a global mandate as well as a fundamental change in how financial data is structured and shared.

Unlike the flat, limited, character-based messages of the MT standard, ISO 20022 introduces structured, rich data elements that allow for greater transparency, traceability, and automation across the payments and commercial banking ecosystem. The challenge is not just to comply but to adapt and capitalize.