Banks completed their own ISO 20022 migration in November 2025. From November 2026, corporate clients must convert their payment initiation formats to bank-accepted ISO 20022 messages. Any payment sent in the old format after that date will not be accepted on the SWIFT network.
This works well for companies that:
Corporate clients can engage Altimetrik directly or through their bank. When a bank introduces a client to the program, the bank is the referring institution, and Altimetrik handles everything that follows. Corporate clients who come to Altimetrik independently work with us the same way. Both paths follow the same implementation process.
Ongoing upgrade support is available for clients who need it. Updates required by rulebook or scheme-version changes are handled separately from the initial conversion and priced accordingly.
No. The accelerator integrates with your existing systems with minimal disruption to your business workflows. Nothing gets replaced or rewritten. Your teams carry on exactly as before.
The plug-in uses config-driven mapping and works with legacy MT101 files, ERP-generated formats, CSV-based payment files, and other custom and proprietary formats. The specific formats your systems produce are confirmed during the discovery phase.
Altimetrik follows a repeatable delivery sequence:
