Blog

Megasol Technologies is a Swedish company based in Uppsala specializing in developing the next generation core banking system. Let us share some information and give you some knowledge about what is going on in our world. Enjoy!

Archives

  • ISO20022 – The good, the bad and the ugly
    Background ISO20022 is a system for sending messages in XML format used by financial institutions around the world. It was invented by SWIFT and published as an ISO standard in 2004. It was initially intended for cross border communication but, over time, has been adopted for domestic financial communication as well.   The most common usage for ISO20022 is probably sending and receiving payments. However, the standard supports exchanging messages in relation to securities, trades and investments funds. Its definition allows for the complete transaction sequence, initiating a payment, advising on status changes, and either final settlement or rejection.  Most … Read more
  • ISO20022 – The good, the bad and the ugly
    Background ISO20022 is a system for sending messages in XML format used by financial institutions around the world. It was invented by SWIFT and published … Read more
  • Finding the right light
    Welcome to the second edition of our new blog. Each of the partners at Megasol will be contributing their thoughts about once a month and we hope that you enjoy and follow them. I thought I would explore the world of sea turtles and what they mean for our customers! What? Sea turtles? How is that relevant?
  • Everything changes – Nothing is new
    We have finally completed a long overdue update of our home here on the web, so what could be better than start this blog with a look at Megasol’s history and how the banking environment has changed over the years.