FinSys ISO 20022 Payment Platform
Smart, Seamless, and Scalable Payment Processing
A modular, cloud-native platform that bridges legacy MT with data-rich ISO 20022, delivering compliance, higher STP, and powerful analytics across domestic and cross-border schemes.
Speed to Market
Launch new rails and products in weeks with ready APIs and templates.
Cloud-Native Scale
Microservices with horizontal scale and high availability.
Compliance First
KYC/AML, sanctions, audit trails and reporting built-in.
Interoperability
Bridge MT↔MX and connect to domestic & cross-border schemes.
Cost Efficiency
Modular adoption and pay-as-you-grow operations.
Key Capabilities
Built for scalability, interoperability, and compliance — with a developer-first experience.
Universal Message Processing
- ISO 20022 MX (XML/JSON) end-to-end
- Dual-format MT ↔ MX conversions
- Schema validation, parsing, enrichment
Cloud-Native Architecture
- Microservices & containerized deployment
- REST APIs for easy integration
- Plug-in modules: validation, routing, compliance, analytics
Legacy Coexistence
- Smooth transition from SWIFT MT standards
- Real-time bridging MT/MX for coexistence
- Zero-disruption migration patterns
Compliance & Risk
- Integrated AML/KYC/sanctions screening
- Enhanced traceability & audit readiness
- Automated monitoring with fewer false positives
Analytics & Insights
- Dashboards for flows, exceptions, and compliance
- Enriched data for reconciliation & treasury
- Anomaly & fraud detection on structured data
Developer Friendly
- Readable XML/JSON schemas & examples
- Sandbox with test data and docs
- Developer portal & integration guides
Reference Processing Pipeline
A typical flow from ingestion to settlement — modular, observable, and compliant by design.
Inbound Adapters
MT/MX, JSON, ISO8583, APIs
Schema Validation
XSD, pain/pacs/camt
Enrichment
BIC, LEI, remittance, FX
Compliance
KYC/AML, sanctions
Routing
RTGS, ACH, SWIFT, RTP
Settlement & Reports
GL, treasury, audit
Sample ISO 20022 (pacs.008)
<Document xmlns="urn:iso:std:iso:20022:tech:xsd:pacs.008.001.10">
<FIToFICstmrCdtTrf>
<GrpHdr>
<MsgId>TRX-2025-000123</MsgId>
<CreDtTm>2025-01-18T10:21:52Z</CreDtTm>
</GrpHdr>
<CdtTrfTxInf>
<PmtId><EndToEndId>E2E-REF-8891</EndToEndId></PmtId>
<Amt><InstdAmt Ccy="EUR">2500.00</InstdAmt></Amt>
<Dbtr><Nm>Acme GmbH</Nm></Dbtr>
<Cdtr><Nm>Contoso Ltd</Nm></Cdtr>
<RmtInf><Ustrd>Invoice 78421</Ustrd></RmtInf>
</CdtTrfTxInf>
</FIToFICstmrCdtTrf>
</Document>REST Example — Validate & Route
POST /api/v1/messages/ingest
Content-Type: application/xml
# payload: pacs.008 XML
# response
{
"id": "msg_01HZX8A8S7",
"status": "validated",
"next": "compliance_screening"
}
POST /api/v1/messages/msg_01HZX8A8S7/route
{
"scheme": "SEPA_INSTANT",
"priority": "HIGH"
}Business Benefits
- Meet ISO 20022 mandates and reduce compliance risk.
- Increase STP, cut manual intervention and rework.
- Interoperate globally across instant and traditional rails.
- Leverage rich remittance data for analytics and fraud reduction.
- Adopt a platform that scales with new schemes and partners.
Target Users
Commercial BanksPayment Service Providers (PSPs)Central Banks & RegulatorsDigital-First Banks & NeobanksFinTechs & Aggregators
Why OpenFactor
- Proven expertise in core banking, payments & regulatory tech.
- Delivery experience across Africa, Europe & emerging markets.
- Partner-driven approach balancing innovation and affordability.
- Built on trust, integrity, and professional excellence.
Security & Governance
End-to-end TLS, tokenization, and role-based access controls.
Least-privilege defaults, audit trails, and policy-driven approvals.
Compliance-ready posture for PCI DSS & GDPR environments.