Workflow
ISO 20022 cash processing capabilities
icon
Search documents
Broadridge Successfully Delivers ISO 20022 Cash Messaging Capabilities for its Post-Trade Clients
Prnewswireยท 2025-09-25 07:00
Core Insights - Broadridge Financial Solutions has successfully implemented full ISO 20022 cash processing capabilities for its global bank and broker/dealer clients, positioning them ahead of the November 2025 Swift Standard Release [1][2][4] Group 1: Implementation and Strategy - The transition to ISO 20022 represents the most significant change in Swift messaging in over 20 years, and Broadridge has de-risked this transition for clients while minimizing implementation costs [2][4] - Broadridge's implementation strategy focuses on creating a foundation for future enhancements, ensuring clients are prepared for potential expansions of the ISO 20022 standard [3][4] Group 2: Market Position and Impact - With the November 2025 deadline approaching for the discontinuation of ISO 15022 payment messaging formats, Broadridge's timely preparation highlights its role as a trusted partner in critical market infrastructure transitions [4] - Broadridge processes over 7 billion communications annually and supports daily average trading of over $15 trillion in various securities globally, underscoring its significant impact on the financial services industry [6]