Moving from legacy to modern technology is complex. You require richer functionality but also need more flexibility. You want to be able to move at speed, but with lower risk. You need to meet ever rising regulatory and industry demand, be that introducing overlay services, grasping the opportunity of PSD2 and Open Banking or leveraging new real-time rails and methods of payment. And you need to do all of this whilst reducing costs. So how do we simplify these complexities?

Follow Icon's Principles for Payment Transformation:

Our unrivaled team of payments experts have the deep domain expertise and the specialist skills you need, whether it be fast-tracking payments projects or enabling full payments transformation.

Our payments subject matter expertise is brought together under the Centre of Excellence where our team collaborate on the Icon Payments Blueprint, to bring models, use cases, sample flows and thought leadership around the full Payments Value Chain to the benefit of clients.

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Through our Centre of Excellence, we;

Icon’s focus is to assist banks in the design and implementation of real-time payment architectures that meet the rigorous demands of the highly digitalised, open and disruptive world in which financial institutions operate.

In this context and with this experience Icon developed IPF, a new generation payments platform which empowers payment providers to serve customers by delivering personalised new payment services quickly, at low cost and with minimal risk.

The solution is built transparently, leveraging modern open source technology to provide flexibility, scalability, and exceptional resilience. The ease of integration into legacy environments allows the harnessing of existing assets where appropriate.

ISO 20022 provides richer information flows, higher levels of straight-through processing and a more efficient compliance process. The results will be far greater customer satisfaction, improved digital fulfilment of compliance requirements, and faster, more flexible implementation or deployment of new data driven services or regulatory requirements.

Icon Solutions has a track-record of successful global ISO 20022 designs for Tier-1 banks, with RT1 and SEPA (Instant/Bulk) integrations being the most recent examples. We enable clients to navigate the ISO 20022 migration journey with minimum disruption.
 

We provide an ISO 20022 Impact Assessment Report which will review the impact of end-to-end ISO 20022 implementation on your: