CASE STUDY
Mizuho Bank has deployed the Boomi Enterprise Platform to accelerate ISO 20022 compliance and streamline payments infrastructure across Asia Pacific.
What ISO 20022 means for banks
The project enables seamless customer onboarding, simplified payment instruction and future-ready scalability, all while shielding clients from the complexity of regulatory change.
Mizuho Bank is part of the Tokyo based Mizuho Financial Group, one of the largest financial institutions in the world with operations spanning corporate, retail and investment banking. As the financial services industry transitions from legacy SWIFT MT messaging to ISO 20022, the bank recognised an opportunity to go beyond compliance and use the change as a springboard to enrich client outcomes.
“ We knew the ISO 20022 transition had the potential to disrupt our clients’ day-to-day operations. Instead of
ISO 20022 is the global messaging standard set to define the next era of payments. It delivers richer data, enhanced automation potential and more consistent interoperability across borders. For banks operating across diverse markets, the transition presents both an operational challenge and a strategic opportunity. Institutions that execute the shift effectively can not only meet mandatory requirements but also unlock efficiencies, boost transparency and support more sophisticated customer services.
pushing that complexity onto them, we decided to own it,” said Andy Nam, Regional CIO, Mizuho Bank.“ This project allows our clients to continue using their familiar
GETTING THE PROJECT LIVE IN A RAPID
TIMEFRAME WAS A BIG WIN, BUT THE REAL ACHIEVEMENT IS WHAT
IT HAS ENABLED.
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