Norm

NPR-ISO/TS 20022-5:2005 en

Financial services - UNIversal Financial Industry message scheme - Part 5: ISO 20022 reverse engineering

  • Deze norm is ingetrokken sinds 12-06-2013

131,28

Over deze norm

Status Ingetrokken
Aantal pagina's 38
Commissie Financiƫle diensten
Gepubliceerd op 01-04-2005
Taal Engels
The ISO 20022 Repository will contain all ISO 20022 compliant Business Transactions and Message Sets, as outlined in ISO 20022-1. The approach that must be followed to add ISO 20022 compliant Business Transactions and Message Sets to the Repository can be classified as follows: a) Case 1: No ISO 20022 compliant Business Transactions and Message Sets exist No Industry Message Set exists o Example: Collective Investment Vehicles o Approach: full development of ISO 20022 compliant Business Transactions and Message Sets using the ISO/TS 20022-3 Modelling guidelines. No ISO 20022 compliant Business Transactions and Message Sets exist One or more Industry Message Sets exist o Example: Securities Pre-Trade (FIX Message Set exists) o Approach: conversion of the Industry Message Set(s) into ISO 20022 compliant Business Transactions and Message Sets, using ISO/TS 20022-5 Reverse engineering guidelines. ISO 20022 compliant Business Transactions and Message Sets exist One or more existing Industry Message Sets exist as well o Example: Securities Post-Trade (FIX, Omgeo Message Sets exist) o Approach: comparison of the existing Industry Message Set(s) with the ISO 20022 compliant Business Transactions and Message Sets and extension of the ISO 20022 compliant Business Transactions and Message Sets as necessary, using ISO/TS 20022-5 Reverse engineering guidelines. This document describes the activities of "ISO 20022 reverse engineering" from the point of view of the user who wants to verify that the business functionality, covered by his own Industry Message Set, is covered by ISO 20022 compliant Business Transactions and Message Sets.1 The document is not an attempt to define a "methodology" for reverse engineering. It describes the following set of required activities: o Extract relevant information from existing Industry Message Sets and compare it to the related information in the ISO 20022 Repository o Use the results of this comparison for the development of ISO 20022 compliant Business Transactions and Message Sets o Submit the resulting update requests to the Registration Authority2 o Prepare the migration to the ISO 20022 compliant Business Transactions and Message Sets. The main objectives of the "ISO 20022 reverse engineering" are as follows: o Capture the industry knowledge covered by existing Industry Message Sets o Build upon former standardization efforts in the industry when building ISO 20022 compliant Business Transactions and Message Sets o Ensure that the resulting ISO 20022 compliant Business Transactions and Message Sets fully cover the business scope of existing Industry Message Sets o Maximise interoperability between existing Industry Message Sets and ISO 20022 compliant Business Transactions and Message Sets o Support the migration from existing Industry Message Sets to ISO 20022 compliant Business Transactions and Message Sets. The document is structured as follows: ?? Chapter 2 contains some specific terms that are used in this document. ?? Chapter 3 describes the major activities that will be conducted during reverse engineering and also describes at a high level the resulting deliverables. ?? Chapter 4 gives a detailed workflow, explaining all activities, inputs and outputs. ?? Appendix A contains a detailed description of the Convergence Documentation.

Details

ICS-code 03.060
Nederlandse titel Financial services - UNIversal Financial Industry message scheme - Part 5: ISO 20022 reverse engineering
Engelse titel Financial services - UNIversal Financial Industry message scheme - Part 5: ISO 20022 reverse engineering
Vervangen door

Winkelwagen

Subtotaal:

Ga naar winkelwagen