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The Resurgence of Data Standardisation: why 2020 may be the year of ISO 20022

HENRI PEGERON, STEVEN CROTCH 

Over the past decade, data standardisation ‘took a backseat’ relative to other regulatory driven priorities such as data transparency, reporting and accuracy. The financial services industry was focused predominantly on upgrading technology infrastructure and the associated pipelines for data, with less time spent on establishing how to standardise the format of what was coming through the pipes.

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