(CGI-MP)

(CGI-MP)

Common Global Implementation - Market Practice
 (CGI-MP)
 Basic Credit Transfer – Selection of Data Elements How we got there …. Mission & Objecti...

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Common Global Implementation - Market Practice


(CGI-MP)


Basic Credit Transfer – Selection of Data Elements How we got there ….

Mission & Objective !

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Provides a forum for financial institutions (banks and bank associations) and nonfinancial institutions (corporates, corporate associations, vendors and market infrastructures) to progress various corporate-to-bank implementation topics on the use of ISO 20022 messages and to other related activities, in the payments domain. Simplify implementation for corporate users and thereby promoting wider acceptance of ISO20022 as the common XML standard used between corporates and banks. Achieved through consultation, collaboration and agreement on common implementation templates for relevant ISO 20022 financial messages, leading to their subsequent publication and promotion in order to attain widespread recognition and adoption.

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Financial Institution Members
 In total 49 FI members (Contributing & Observers) ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

Bank of America Merrill Lynch Bank of China (HK) Barclays BBVA BNP Paribas BSK, Bankenes Standardiseringskontor Citibank City National Bank Commerzbank AG Danish Bankers Association Danske Bank Deutsche Bank DnB NOR Erste Group Bank First Gulf Bank HSBC ING Bank JACCOO J.P.Morgan Nordea Bank Payments Council (UK) Raiffeisen Bank International Royal Bank of Scotland Santander SEB Standard Chartered Bank Swiss Re Sydbank A/S UniCredit Bank Wells Fargo

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Non-Financial Institution Members 1/2
 In total 101 Non-FI members (Contributing & Observers) ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

AITI Alsyon ArcelorMittal Treasury BBP Bottomline Technologies CBI Consortium e5 Solutions EFiS Exalog Fiserv General Electric IKEA KPMG Netilys Consulting Nets NIKE NTT DATA Getronics Online Banking Solutions OpenText GXS OpusCapita Professional Answer PwC SAP SE Siemens SIX Interbank Clearing Sungard SWIFT Tembit Tipco TIS UTSIT Verband Deutscher Treasurer Visma Software International AS Wall Street Systems XMLdation Zanders

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Non-Financial Institution Members 2/2
 In total 101 Non-FI members (Contributing & Observers) - continued !

AccessPay ! ACI Worldwide ! AFTE ! AFP ! Axletree ! Azzana ! Bfinance ! Citizen Can ! Deutsche Post ! D+H ! Dion Global ! Dovetail ! EastNets ! Hanse Orga ! Horváth & Partners ! Info ! Merck ! Mentor Graphics ! Nordson ! Omikron Systemhaus ! SBB ! Statoil ASA ! Storck ! SunTec ! ThyssenKrupp ! UNIFITS ! Volante ! Vorwerk

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Drivers !

CGI-MP is driven by customer demand for multibank coordination of implementations !

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Intended specifically for global, multi-country, multi-bank and multi-instrument implementations that the participating banks can commonly accept as ONE of their implementations. Focused on the general message structure and then successful creation of individual transactions that can be executed by the participating banks. Published and endorsed from appropriate communities. Engaged through active corporate partnership. “A corporate can use the same message structure and message elements for all their payments with all of their transaction banks reaching any payment system across the globe.”

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CGI-MP Work Group deliverables ❖ Credit Transfer (pain.001) template to include ACH and wires (domestic and international) and cheques/ drafts ❖ Appendix A – Clearing system classifications ❖ Appendix B – Country specific data requirements

WG2 Cash Managemen t Reporting


WG1

ISO 20022 format CGI-MP

Credit Transfer & Payment Status Report
 


WG3 Direct Debit & Mandates

SEPA NACHA WG4

Common set of data elements as defined in the Basic Credit Transfer

WG5 
 Bank Services Billing

Bank Account Managemen t

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