IBM Financial Transaction Manager announces ISO 20022-ready High Value Payments offering
IBM Financial Transaction Manager (FTM) has announced its new High Value Payment (HVP) offering. This new HVP offering supports banking clients participating in new real-time gross settlement systems in Europe such as Target2 migration to ISO 20022 by end of 2021. Over 3,000 financial institutions worldwide offering SWIFT cross-border payments are required to migrate to ISO 20022 starting November 2022.
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