how should you prepare? - ibm & hewlett packard · 8/8/2017  · financial communications. the...

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Reduced costs: Capitalize on your existing CMOD investment or choose CMOD on Cloud to avoid additional capital expenditures. ISO 20022 is a harmonized set of financial messaging standards designed to provide one common language for all financial communications. The Single Euro Payments Area (SEPA) initiative in the European Union represents the first large-scale implementation, but more are coming. Whether you are adopting the new standard or doing business with companies that have, you’ll need to address key data archiving challenges. Preparing might be simpler than you think. Instead of trying to build a new database on your own, implement a proven archiving solution from IBM. Learn more Ready to learn more about CMOD? Visit: ibm.biz/BdEr5m 1 European Central Bank, Payment Statistics for 2013, 9 September 2014, www.ecb.europa.eu/press/pdf/pis/pis2013. pdf?06ec75f7173136eb1186fc5c1e3b2d89 © Copyright IBM Corporation 2015. IBM, the IBM logo, and ibm.com are trademarks of IBM Corp. registered in many jurisdictions worldwide. Other product and service names might be trademarks of IBM or other companies. A current list of IBM trademarks is available on the web at “Copyright and trademark information” at ibm.com/legal/copytrade.shtml IMU14196-USEN-00 Are you ready for the future of global banking? New electronic payment standards are here. Why is it important? How should you prepare? What is ISO 20022? Growing data volumes: More than 44 billion non-cash transactions are processed per year in Europe alone. 1 Larger data sizes: Data messaging packets will be more than 5 times larger than in the past. Long retention: You’ll need to keep data for up to 10 years to comply with regulations. Tremendous scalability: Take advantage of high data compression rates to accommodate growing data volumes and large packet sizes while controlling your infrastructure footprint. Tight security: Securely archive high volumes of customer statements and transactions to meet compliance requirements and reduce operational costs. IBM® Content Manager OnDemand (CMOD) Changes in electronic payments are coming quickly. Don’t wait to prepare your organization. Don’t wait 10 years 5x 44 billion Rapid deployment: Be up and running in a few weeks, whether you choose CMOD on Cloud or an on- premises approach. Easy management: Simplify IT management and eliminate the need for expert database administrators. Fast data access: Compress and archive data while enabling fast access to original messages when necessary.

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Page 1: How should you prepare? - IBM & Hewlett Packard · 8/8/2017  · financial communications. The Single Euro Payments Area (SEPA) initiative in the European Union represents the first

Reduced costs: Capitalize on your existing CMOD investment or choose CMOD on Cloud to avoid additional capital expenditures.

ISO 20022 is a harmonized set of financial messaging

standards designed to provide one common language for all

financial communications. The Single Euro Payments Area

(SEPA) initiative in the European Union represents the first

large-scale implementation, but more are coming.

Whether you are adopting the new standard or doing business with companies that have, you’ll need to address key data archiving challenges.

Preparing might be simpler than you think. Instead of trying

to build a new database on your own, implement a proven

archiving solution from IBM.

Learn more Ready to learn more about CMOD? Visit: ibm.biz/BdEr5m

1 European Central Bank, Payment Statistics for 2013, 9 September 2014, www.ecb.europa.eu/press/pdf/pis/pis2013.pdf?06ec75f7173136eb1186fc5c1e3b2d89

© Copyright IBM Corporation 2015. IBM, the IBM logo, and ibm.com are trademarks of IBM Corp. registered in many jurisdictions worldwide. Other product and service names might be trademarks of IBM or other companies. A current list of IBM trademarks is available on the web at “Copyright and trademark information” at ibm.com/legal/copytrade.shtml

IMU14196-USEN-00

Are you ready for the future of global banking? New electronic payment standards are here.

Why is it important?

How should you prepare?

What is ISO 20022?

Growing data volumes: More than 44 billion non-cash transactions are processed per year in Europe alone.1

Larger data sizes: Data messaging packets will be more than 5 times larger than in the past.

Long retention: You’ll need to keep data for up to 10 years to comply with regulations.

Tremendous scalability: Take advantage of high data compression rates to accommodate growing data volumes and large packet sizes while controlling your infrastructure footprint.

Tight security: Securely archive high volumes of customer statements and transactions to meet compliance requirements and reduce operational costs.

IBM® Content Manager OnDemand (CMOD)

Changes in electronic payments are coming quickly. Don’t wait to prepare your organization.

Don’t wait

10 years5x

44 billion

Rapid deployment: Be up and running in a few weeks, whether you choose CMOD on Cloud or an on-premises approach.

Easy management: Simplify IT management and eliminate the need for expert database administrators.

Fast data access: Compress and archive data while enabling fast access to original messages when necessary.