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Citigroup Makes a SWIFTISO 15022 Move
Citigroup Worldwide Securities Services announced last month that it has upgraded its underlying processing systems to provide ISO 15022 functionality. The firm says its approach differs from many other industry firms who have mapped messages from the old SWIFT format to the new standard, without modifying their processing systems.
"Some have opted to produce 15022 formatted statements without the underlying 15022 settlement instructions. By doing this, they
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