ISO 20022 Structured Address Remediation demo

What the demo shows

Payments teams turn free-text addresses into ISO 20022 structured fields before the deadline

Seven agents work the client and beneficiary master overnight. A parsing agent splits each free-text address into ISO 20022 elements and explains every element it leaves empty; a verification agent proves each element against postal reference data, the payments the bank has sent and received for that party, and its documents; a rules agent checks the Swift CBPR+ and Fedwire rules; a screening check agent screens the new address in test mode. On one screen the analyst sees the address as it sits in the master on the left and the structured fields it becomes on the right, each with its confidence and its source, and approves, edits or asks the client. Proposals at 95% or higher go to a checker in batches with a risk-weighted sample; every change is maker-checker with the before and after kept, and a daily forecast shows how many payments would bounce if the deadline were today.

Transcript

1. 0:00ISO twenty-oh-twenty-two Structured Address Remediation structures payee addresses before the deadline.
2. 0:08From fourteen November, Swift rejects unstructured addresses, with no contingency.
3. 0:17Agents structured most of Corvane's sixty-two thousand payees; twelve hundred need a person.
4. 0:26Kessler GmbH sits in the master as free text.
5. 0:31The parsing agent finds a post box, postcode, town and country, and explains the empty street.
6. 0:40Postal data, Kessler's payments and its invoice prove each field, all cited.
7. 0:48Priya approves as maker; she cannot check her own change.
8. 0:53Gloria, the checker, gets nineteen hundred proven addresses, with twenty-five to sample.
9. 1:01She checks the sample and approves; every before and after is kept.
10. 1:07Every decision is audited, with an export pack for examiners.
11. 1:14Forecast rejections fall from twelve point seven to ten point four percent.
12. 1:19Built on Botminds: agents, data, screens and governance on one platform.

The narration as written for the film. Captions are on the player.