Standard

Financial message standards

Financial message standards are hugely more complex than even a few years ago, and still evolving rapidly. Trace Financial has world-class expertise in working with all of the major standards used today and this is reflected in the functionality in Transformer including support for:

  • SWIFT Standards
    • SWIFT MT (ISO 7775, ISO 15022) all messages & rules
    • SWIFT GPI – message and mappings for both MT and ISO 20022 (trck)
  • ISO 20022 Messaging
    • ISO 20022, SWIFT MX including cross-field validation
    • CBPR+ pre-built mapping library (MT <> MX)
    • Target 2, Euro 1, CHATS, MEPS+, Lynx, P27 and extensible to any planned ISO 20022 migration program
  • Credit Card Formats
    • ISO 8583 including Faster Payments
  • Payments and Globl ACH formats
    •  NACHA/Fedwire/ACH/CHIPS/SIC/NEFT/BAI2/ISO 8583/BACS/Canada EFT etc
  • Settlements
    • CREST/SECOM/MT 54X variants… securities depository
  • Trade Reporting
    • EMIR/ESMA, Dodd-Frank e.g. DTCC; CME; UnaVista; Regis-TR
    • FpML
    • FIX
    • FIXML
    • OMGEO
  • Corporate Actions
    • MT 56X, ISO 20022, Telekurs etc.
  • Bespoke standards and parsers
    • JSON Schemas and Swagger API specs, POJO
    • XML – Automated schema import
    • POJO/JSON – Automated import
    • COBOL Copybook
    • MS Excel – Including extensive format features
    • Fixed Width
    • Separated (e.g. CSV or any type of delimited format)
    • Tagged Separated – Ability to ‘learn’ from sample messages
  • Extensible to any format…