ProgressSoft Hosts Exclusive ISO 20022 Conference

Amman, Jun 23, 2022

ProgressSoft hosted The Route to ISO 20022 exclusive conference to guide financial institutions on ISO 20022 migration and readiness.

With the SWIFT community approaching the go live date of ISO 20022 and CBPR+ migration in November 2022, the closed-session conference, which took place on 23 June 2022 at The St. Regis Amman, gathered banks in Jordan for essential transition principles by SWIFT and ProgressSoft experts.

More than 100 attendees joined the exclusive conference which focused on the technical parts related to SWIFT interfaces, configuration, RMA enforcement and translation, with topics covering SWIFT’s payment strategy and ISO 20022 program update, as well as ProgressSoft’s ISO 20022 roadmap.

ProgressSoft also presented its Payments Hub Platform as the recommended solution for ISO 20022 migration with minimal to zero changes on back-end systems. The CBPR+ ready solution which has already been implemented in tens of banks worldwide proved remarkable results as a centralized platform for transaction management, third-party integrations and cross-border smart payments routing, all in addition to seamless migration capabilities from MT to MX.

“We are honored to have a key strategic role in this fundamental shift for the financial industry.” Noted Carole Elias, ProgressSoft’s Strategy Manager, “We are also keen to extend regional and global banks with the necessary assistance and transition solutions to achieve migration success.”

ProgressSoft is delighted to have gathered bankers in Jordan for this essential topic for the financial industry and is pleased to be a valuable partner of SWIFT.