Create added value for customers
A range of different business processes and in some cases different software modules and/or products are affected by the switch to ISO 20022. Companies often use the implementation of ISO 20022 as an opportunity to validate their process and system landscape and to investigate the use of additional service packages. It is the ideal time to carry out further optimizations to payment transactions and to create added value. Enhanced process controls are an important aspect of the new payment transaction processes. These controls also support the requirements of the internal control system (ICS). They can be carried out easily at the same time as the processing and notification procedures.