MT - MX Conversion Module

Transcription

1 MT - Conversion Module

2 1 Overview With the increasing usage of XML based ISO () messages, financial organizations face the problem that their back office applications are not (yet) capable of processing these new formats but are bound to the MT representation of a message. Intercope addresses this problem by offering conversion services from to MT message formats and vice versa. These services will subsequently be provided for all message types requested by customers for which a valid SWIFT conversion specification exists. 2 Concept The MT- conversion module is implemented as integral part of the BOX server. The required functions can be configured as part of the generic message processing work flow engine. The MT- conversion module is based on and tested against the SWIFT standards Translation Rules. The conversion is performed directly between the Wire-format of MT messages and the XML structured message. In addition a mapping of header fields such as e.g. sender and recipient is provided. This approach guarantees highest performance and minimal resource consumption compared with a model which firstly translates messages into an intermediated XML structure

3 3 Initial Implementations Initial Conversions are provided for Customer s and Cheques, Funds and for and Reconciliation messages. 3.1 Customer s and Cheques MT 103 pacs.008 Name Single Customer Credit Transfer Customer Credit Transfer pacs.008 MT 103 Name Customer Credit Transfer Single Customer Credit Transfer 3.2 Funds The first conversion services being provided for the funds application are for the message types 502, 509, and 515 with the following mappings: Source MT 509 setr setr setr setr setr Name Trade Status of of Subscription Order Target setr setr setr setr setr Name Subscription Order Order Status Report Subscription Order Order Status Report Subscription Order MT 509 Trade Status of of 3.3 and Reconciliation The first conversion services beeing provided for settlements and reconciliation are for the message types 540, 541, 542, and 543 with the following mappings: Source Name Target Name

4 Source Target MT 540 Receive Free sese MT 540 Receive Free sese sese MT 542 Deliver Free sese MT 542 Deliver Free sese sese sese sese sese sese sese sese sese sese sese MT 540 MT 540 MT 542 MT 542 Receive Free Receive Free Deliver Free Deliver Free

5 Contact Details Intercope GmbH Himmelstrasse 12-16, Hamburg, Germany info@intercope.com The Intercope home page can be found at Intercope and the stylized logo is the registered trademark of Intercope GmbH or its subsidiaries, in Germany and certain other countries. All other trademarks mentioned in this document are the acknowledged property of their respective owners. Copyright INTERCOPE International Communication Products Engineering GmbH All Rights Reserved. BOX Messaging Hub MT - Conversion Module V 1.0