Our client needed to meet strict industry deadlines as SWIFT transitioned to ISO 20022, ensuring its AML and sanctions screening processes could continue without disruption. Without a solution, the bank would be unable to screen and monitor payment transactions in the new message format. The challenge required transforming ISO 20022 messages into the bank’s legacy format so existing Economic Crime Prevention systems could operate seamlessly. Icon applied deep payments and financial crime expertise to enable a smooth migration, ensuring the bank maintained full AML screening and transaction monitoring capability throughout the transition.

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