Datos Insights Report on Fedwire Migration to ISO 20022 Standards

The fast-approaching deadlines for the Fedwire migration to the new ISO 20022 standards in March 2025 leave little time for financial institutions to develop a strategic modernization plan. However, it's not too late for FIs to create a roadmap for modernization alongside the migration process. While there are multiple migration approaches, insights from Datos Insights research, in-depth conversations with industry experts and practitioners, and the author's extensive market knowledge offer invaluable guidance to bank executives embarking on this transformational journey.