Trivia Game

#BFCanada

Oh! The places you’ll go …

with ISO

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 1

The RULES

• Pay attention

• No cheating

• Work together

• Time’s up – paddles up!

• Don’t give up

• STAND UP!

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 2

How are you enjoying the conference thus far?

• OMG! It’s SO awesome!

• It’s the best conference EVER!

• Not bad, but I’d rather be sailing.

• #GR8 #BFCanada #Selfie

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 3

1. What does CPA stand for?

• Canadian Payments in America

• Cash Processing Association

• Canadian Payments Association

• Cash Payment Association

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 4

2. The current ISO 20022 catalogue of messages (all

markets) contains…

• 2 messages

• 25 messages

• 300+ messages

• 700+ messages

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 5

ISO 20022 messages

Payments, Cash, Trade and Cards

• Payments and Cash Management (63)

– Account Management (18) • Change/Verify Account Identification (3)

• Bank Account Management (15)

– Payments Initiation (10) • Payment Initiation and Mandates (8)

• Creditor Payment Activation Request (2)

– Payment Clearing and Settlement (7)

– Authorities Communications (3)

– Cash Management (25) • Bank-to-Customer Cash Management (4)

• Notification to Receive and Bank Billing Request (4)

• Exceptions and Investigations (17)

• Trade (74)

– Trade Services Initiation (4)

– Demand Guarantees and Standby L/Cs (20)

– Trade Services Management (50)

• Card Payments Exchanges (21)

– Acceptor to Acquirer Card Transactions (17)

– Terminal Management (4)

Securities, FX and Derivatives

• Settlement & Reconciliation (33)

• Corporate Actions (13)

• Investment Funds (68) – Securities Trade (30) and Settlement (16)

– Reference Data (2) and Acct Mgmt (5)

– Securities Management (7)

– Cash Management (6)

– Funds Processing Passport (2)

• Other Securities (40) – Post Trade Matching (5)

– Transaction Regulatory Reporting (4)

– Proxy Voting (8)

– Issuers’ Agents Communication (22)

– Total Portfolio Valuation (1)

• Foreign exchange (15)

– Forex Notifications (15)

158 messages 169 messages

327 completed messages

6 ISO 20022 Quiz – 7 April 2014 – Confidentiality: External

3. How many ISO 20022 payment initiatives are there

globally?

• 10

• 32

• 100

• 400

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 7

There are 32 ISO 20022 payment initiatives

globally, including six in North America.

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 8

ISO 20022 Adoption mAPP

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 9

Available in

the App Store

on iTunes

4. In what year did the Payments System Task Force and the

CPA Board of Directors recommend that Canada adopt ISO

20022?

• 2005

• 2011

• 1867

• 2014

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 10

5. Which of the following are in scope for the CPA

implementation of ISO 20022?

• LVTS and AFT

• EDI and AFT

• LVTS and POS

• LVTS, AFT and EDI

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 11

6. When did/will your organization budget for the ISO

20022 implementation?

• Was budgeted in 2012/2013

• Being budgeted in 2014/2015

• Will be budgeted in 2016/2017

• No budget plan thus far

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 12

7. What ‘syntax’ is used by ISO 20022?

• UML

• XML

• HTML

• MX

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 13

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 14

ISO 20022 had three ‘layers’:

1. The business model

2. The logical messages

3. The XML syntax

Little known factoid: ASN.1 is also an

alternate syntax for ISO 20022..

8. How many new ISO 20022 messages are in scope for

implementation in Canada?

• 1-4 messages

• 5-10 messages

• 20-25 messages

• 50+ messages

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 15

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 16

It’s 9 new

messages in

the great

country of

Canada.

9. Which of the following message groups are included in

the ISO 20022 implementation for Canada?

• acmt, camt and pacs

• pain and pacs

• acmt, pain and pacs

• camt, pain and pacs

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 17

10. What type of migration is planned for the Canadian

market adoption of ISO 20022

• Big bang for all in 2017

• Phased migration for all with an end date of

2018

• Big bang for LVTS but phased approach for

AFT and EDI

• Still to be determined

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 18

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 19

The first “Stanley” Cup was awarded to

whom and in what year?

Montreal

Hockey

Club

in 1893

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 20

Round of applause for the winners !!

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 21

Our fabulous prizes …

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External 22

What did we learn?

23

Approach / End Date

TBD

21 ‘old’ → 9 ‘new’

messages

CPA initiative:

• Decision in 2011

• LVTS, AFT and

EDI

32 ISO 20022

payment initiatives

globally

ISO 20022:

• 300+ messages

• Syntax = XML

ISO 20022 Quiz – 7 April 2014 – Confidentiality: External