SWIFT MT/MX CONVERTER from Modefin
MX / MT: No More Translation Troubles
SUMMARY
Modefin’s MT/MX converter uses a ‘building blocks’ model-based approach to creating mappings, which ensures clarity and ease of reading and promotes maintainability. Our MT/MX Converter is an ideal solution for banks and financial institutions that must maintain the MT_To_MX_Mapping_Process conversion of legacy MT (SWIFT Message Type) format messages to modern MX (ISO 20022) messaging standard. It works with banking application servers and relational database management systems. It can be implemented as a standalone module or be part of a comprehensive Data-Driven Banking solution.
value proposition Why Modefin’s SWIFT MT/MX Converter
Adaptation to the mandatory requirements of SWIFT MT and SWIFT MX (ISO 20022)
With existing banking processes related to payment messages handling
Provides real-time oversight of business processes by sending notifications whenever an event requires operator intervention
Boosting efficiency through automatic conversion of payment messages (e.g., MT103, MT103+, MT202, MT202cov, pacs.002, pacs.003, pacs.004, pacs.008, pacs.009)
Flexible architecture which allows to extend the list of converted messages
Automatic conversion of statements and information messages (e.g., MT900, MT910, MT940, MT950, camt.052, camt.053, camt.054)
To learn more about MT/MX CONVERTER download our brochure
MT/MX Converter from Modefin will enable the bidirectional conversion between SWIFT MT and SWIFT MX message formats for SWIFT systems, adhering to XML ISO 20022 standards. Microservice-based architecture and containerized deployment for high performance.
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Success Stories
Universal Merchant Bank Ghana
Universal Merchant Bank (UMB) is a leading indigenous bank in Ghana which offers a diverse range of financial services to meet the banking needs of its customers.
Equity Bank Kenya
Equity Bank Fuels massive Transformation; migrates 3.5 mn SIM application Tool kit users and brings flexibility, stability and cost savings.
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