ISO 20022

ISO 20022 is an ISO standard for developing financial services messages.

ISO 20022 is an ISO standard for developing financial services messages. The standard, which is fully described in a document called “ISO 20022 Financial Services – Universal Financial Industry Message Scheme,” is also known as UNIFI.

ISO20022 uses Unified Modeling Language (UML) to represent (model) business processes and financial transactions in a syntax-independent manner. It also provides a set of eXtensible Mark-up Language (XML) design rules to convert the representations into XML.

This was first published in March 2012

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