Nairobi hosted another excellent Swift Connect event, May 14-16, featuring important community announcements and compelling discussions.Together, the financial community learned that 28 jurisdictions in Africa still need to migrate to ISO 20022 within the next year: although most have started their ISO journey, only 33% are currently ready.
Read on to explore our 3 highlights from the conference.
Complementors: Expanding connectivity to the community
In an information session on Tuesday, May 14th, IntellectEU's Co-founder and CEO Hanna Zubko updated the audience on the latest evolutions of API value-added services, Swift connectivity, and how they can be embedded into partner solutions and extended to the global Swift community.
Discussion also explored the role of Swift Complementors: specialized organizations like IntellectEU that are available to help institutions make the most of Swift capabilities.
Swift Payments Experience PoV
In the spirit of achieving G20 goals for cross-border payments, Hanna explained the Swift Payment Experience: Proof of Value initiative that we are engaged on as part of a group of 25 organizations. By employing our Catalyst suite of products, combined with Swift API services, capabilities for cross-border payments can be extended to end customer channels, offering enhanced end user experiences and payment transparency.
'Quick, easy, predictable: Delivering the payments experience customers expect'
If you are interested in learning more, you can read Swift's article on the Payments Experience Proof of Value below.
Catalyst Integration Manager
We introduced the African financial community to our Catalyst Integration Manager, a connectivity framework for the integration of legacy systems with payment rails, Swift API services, and non-standard interfaces.
Most importantly, Catalyst is well positioned to help customers meet the ISO 20022 migration deadline fast approaching in November 2025. IntellectEU's solution is fully CBPR+ accredited by SWIFT.
Let's keep the conversation going. Reach out to us below to schedule a call.
.png)