As the financial services industry progresses towards harmonisation, accelerating digital transformation has become critical. Within asset servicing, there is an urgent need to reduce risk and enhance operational efficiency through timely and prudent management. Achieving this requires prioritising standardisation, operational and technological optimisation, and regulatory alignment. These critical themes, along with the compelling business case for transforming asset servicing operations.
This first paper of a four-part series lays out the business case of decoding standards and why ISO20022 maters now.