ISO 20022 MX Standards: From MT to MX Migration

The global financial industry is transitioning from the legacy SWIFT MT messaging standard to ISO 20022 MX messaging. This course equips participants with the foundational knowledge and practical skills to understand MX message structures, identify differences from MT formats, and develop ISO 20022-compliant MX messages for trade finance and payments. By working through real examples, participants will gain hands-on experience to confidently handle migration challenges and support organizational compliance.

Course Objectives of ISO 20022 MX Standards

Upon completing this program, participants will be able to:

• Understand the structure and syntax of ISO 20022 MX messages.

• Compare MT and MX messages and recognize key structural differences.

• Interpret MX message examples for trade finance and payments.

• Develop corresponding MX message types for common MT messages.

• Support organizational readiness for ISO 20022 adoption.

Course Methodology of ISO 20022 MX Standards

• Lectures and Expert Insights: Leading industry experts will share their insights and best practices.

• Case Studies: Analyze real-world talent acquisition challenges and solutions.

• Group Discussions: Engage in meaningful discussions and share experiences with peers.

• Role-Playing and Simulations: Practice recruitment scenarios to enhance skills.

• Hands-on Workshops: Gain practical experience in using recruitment tools and techniques.

Organizational Impact of ISO 20022 MX Standards

This training program will have a positive impact on organizations by:

• Enhances compliance with international financial messaging standards.

• Reduces operational risk during the MT-to-MX migration.

• Improves automation and interoperability in payment and trade finance systems.

• Strengthens staff expertise, minimizing reliance on external consultants.

Personal Impact of ISO 20022 MX Standards

Participants will experience personal growth and development, including:

• Builds expertise in ISO 20022 messaging standards.

• Enhances ability to design, validate, and troubleshoot MX messages.

• Increases employability in banking, fintech, and trade finance domains.

• Strengthens confidence in supporting ISO 20022 implementation projects.