This year PPI takes again part in the SWIFT Operations Forum Europe in Amsterdam. We are confident that one of the major focus areas will be the orientation towards global unified infrastructures for payments. Whether this includes instant payments solutions or not, the performance of the respective payment systems is decisive for all market participants who require new solutions in the wake of coming specifications, TARGET2 XML or SWIFT GPI.
There is not much time left to, for example, convert the SWIFTNet-FIN messages (MT) currently used in TARGET2 into ISO-20022 compliant MX messages. The initiative Global Payments Innovation (GPI) by SWIFT offers an improved service for the acceleration of international payments. To profit from this it is important, however, to precisely analyse the bank-internal systems, and it might also be beneficial to choose an alternative system that is better suited for handling all the new payment requirements.
Our high-performance XML platform for core processing is conform to ISO-20022 and SWIFT-GPI and with a response time of 40 ms optimally prepared for the requirements at peak loads in real-time payments of the future. The perfect way to manage your payment processes!