IBS Intelligence Global FinTech Interviews
IBS Intelligence Global FinTech Interviews
IBS Intelligence Podcasts | A Cedar Consulting Unit
EP997: Why banks cannot afford to rely on ISO 20022 translation tools
10 minutes Posted Jun 8, 2026 at 10:00 am.
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Nick Fernando, Co-founder & Director, Aqua Global Solutions The Swift ISO 20022 deadline of 22 November 2025 is now past history. Isn’t it? Well, it appears not, with many banks continuing to rely on translation tools to bridge legacy systems. Yet stopgap measures come at a cost. Nick Fernando, Co-founder and Director at Aqua Global Solutions, warns that translation tools won’t cut it in the long run. Banks that are ISO 20022 native stand to gain far more than compliance – from faster str...