Navigate India's ISO 20022 Shift

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Navigate India's ISO 20022 Shift

Instructor: Hurix Digital

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3 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

3 hours to complete

Flexible schedule

Learn at your own pace

3 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

3 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Schema literacy is critical—knowing MT vs MX structures and mandatory vs conditional fields ensures compliant validation in ISO 20022 payments.
Migration is data enrichment—not just translation; MT103 gaps in MX require decisions with business, regulatory, and settlement risks.
Risk-led remediation beats volume—prioritise gaps by settlement impact and regulatory deadlines, not a broad fix-all approach.
ISO 20022 migration demands cross-functional fluency—analysts bridging ops, IT, compliance, and banking become critical to delivery.

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There are 3 modules in this course

Did you know every NEFT and RTGS transaction in India must meet ISO 20022 compliance by the RBI's 2025 deadline — and most institutions are still mid-migration?

This Short Course was created to help Business Analysis professionals accomplish end-to-end ISO 20022 migration validation for domestic settlements. By completing this course, you'll validate schemas, map SWIFT MT-to-MX payment data, and remediate live workflows — skills you can apply the next day on active migration projects. By the end of this course, you will be able to: ● Apply NEFT and RTGS ISO 20022 schemas to validate mandatory and conditional payment fields for domestic real-time settlements ● Analyze legacy SWIFT MT messages to map each data element to its corresponding MX structure for migration workbooks ● Evaluate existing settlement workflows to identify remediation steps required for ISO 20022 compliance by the 2025 deadline This course is unique because it targets India's specific RBI-mandated ISO 20022 migration timeline with hands-on schema validation and workbook exercises. To be successful, you should have a background in payment operations and SWIFT messaging at CB2 intermediate level.

You will apply pacs.008 ISO 20022 schema rules to validate mandatory and conditional payment fields for NEFT and RTGS domestic settlements.

What's included

1 video1 reading2 assignments

1 videoTotal 5 minutes

Inside pacs.008: How ISO 20022 Structures a Payment Message5 minutes

1 readingTotal 5 minutes

Step-by-Step: Running an ISO 20022 Schema Validation for NEFT Payments5 minutes

2 assignmentsTotal 20 minutes

Validate a Sample pacs.008 Batch Against RBI Mandatory and Conditional Field Requirements15 minutes
Knowledge Check: Validating ISO 20022 Schemas for NEFT and RTGS Payments5 minutes

You will analyze legacy SWIFT MT103 messages to map each data element to its corresponding pacs.008 MX structure, documenting enrichment decisions in a migration workbook.

What's included

2 videos2 readings2 assignments

2 videosTotal 12 minutes

MT103 to pacs.008: The Migration Challenge No One Warns You About5 minutes
Building the MT103-to-MX Migration Workbook Template in Excel7 minutes

2 readingsTotal 13 minutes

The Data Gap Problem: Why MT103-to-MX Mapping Is an Analytical Challenge, Not Just a Format Conversion3 minutes
Field-by-Field: MT103 Element Taxonomy and pacs.008 Mapping Reference10 minutes

2 assignmentsTotal 20 minutes

Complete a MT103-to-MX Migration Workbook for a Domestic NEFT Payment15 minutes
Knowledge Check: Mapping Legacy SWIFT MT Messages to ISO 20022 MX Structures5 minutes

You will evaluate existing NEFT and RTGS settlement workflows to identify gaps against ISO 20022 requirements, classify them by settlement finality risk, and produce a prioritized remediation report for the RBI compliance deadline.

What's included

2 videos2 readings3 assignments

2 videosTotal 8 minutes

The Deadline Is Real: One Bank's Race Against the RBI Compliance Clock3 minutes
The Remediation Prioritization Framework: Sequencing Fixes by Settlement Finality Risk5 minutes

2 readingsTotal 10 minutes

Two Frameworks, One Report: Classifying Settlement Workflow Gaps for ISO 20022 Remediation5 minutes
Mapping Workflow Gaps to ISO 20022 Requirements: A Step-by-Step Assessment Guide5 minutes

3 assignmentsTotal 50 minutes

Navigate India's ISO 20022 Shift — Course Assessment30 minutes
Produce a Prioritized Remediation Report for Meridian Bank's NEFT Settlement Workflow15 minutes
Knowledge Check: Evaluating and Remediating Settlement Workflows for ISO 20022 Compliance5 minutes

Instructor

Hurix Digital

454 Courses57,190 learners

Offered by

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