Auditing Iso 20022 Compliance Training Course

Introduction

Ensure seamless financial messaging and compliance with our specialized Auditing ISO 20022 Compliance Training Course. This program is meticulously designed to provide comprehensive training on auditing compliance with the ISO 20022 messaging standard, ensuring your organization can effectively manage and verify its adherence to this critical financial communication protocol. In an era where ISO 20022 is becoming the global standard for payment messaging, mastering its audit implications is crucial for organizations seeking to maintain interoperability, efficiency, and regulatory compliance. Our ISO 20022 auditing training course provides in-depth knowledge and practical applications, empowering you to develop robust audit strategies for ISO 20022 compliance.

This Auditing ISO 20022 Compliance training delves into the core components of modern financial messaging audits, covering topics such as message structure verification, data integrity assessments, and compliance monitoring for ISO 20022 implementations. You’ll gain expertise in using industry-leading tools and techniques to Auditing ISO 20022 Compliance, meeting the demands of contemporary financial oversight. Whether you're a compliance officer, IT auditor, or financial analyst, this Auditing ISO 20022 Compliance course will empower you to drive strategic audit initiatives and optimize ISO 20022 compliance within your organization.

Target Audience:

• Compliance Officers
• IT Auditors
• Financial Analysts
• Payment System Specialists
• Regulatory Analysts
• Risk Managers
• Banking Professionals

Course Objectives:

• Understand the fundamentals of Auditing ISO 20022 Compliance.
• Master audit considerations for ISO 20022 messaging standards.
• Utilize message structure verification and data integrity methodologies.
• Implement compliance monitoring for ISO 20022 implementations.
• Design and build audit frameworks for ISO 20022 data governance.
• Optimize audit processes for ISO 20022 infrastructure and applications.
• Troubleshoot and address common challenges in ISO 20022 auditing.
• Implement data privacy and security audits in ISO 20022 environments.
• Integrate ISO 20022 audit findings with existing compliance systems.
• Understand the regulatory requirements for ISO 20022 audits.
• Explore emerging trends in ISO 20022 auditing and compliance.
• Apply real world use cases for ISO 20022 auditing in financial transactions.
• Leverage ISO 20022 auditing tools and platforms for efficient implementation.

Duration

10 Days

Course content

Module 1: Introduction to ISO 20022 Auditing

• Fundamentals of Auditing ISO 20022 Compliance.
• Overview of unique audit considerations for ISO 20022 messaging standards.
• Setting up an ISO 20022 auditing framework.
• Introduction to message structure verification and data integrity.
• Best practices for ISO 20022 auditing initiation.

Module 2: Message Structure Verification

• Mastering message structure verification methodologies.
• Utilizing schema validation and message parsing tools.
• Implementing message format compliance audits.
• Designing and building message structure audit checklists.
• Best practices for ISO 20022 message structure audits.

Module 3: Data Integrity Audits

• Implementing data integrity audits for ISO 20022 messages.
• Utilizing data validation and reconciliation techniques.
• Implementing data lineage and provenance tracking audits.
• Designing and building data integrity audit frameworks.
• Best practices for data integrity audits in ISO 20022.

Module 4: Compliance Monitoring for ISO 20022 Implementations

• Implementing compliance monitoring for ISO 20022 implementations.
• Utilizing regulatory compliance standards and guidelines.
• Implementing automated compliance monitoring tools.
• Designing and building compliance monitoring dashboards for ISO 20022.
• Best practices for ISO 20022 compliance monitoring.

Module 5: ISO 20022 Data Governance

• Designing and build audit frameworks for ISO 20022 data governance.
• Utilizing data dictionary and metadata management principles.
• Implementing data access and control audits.
• Designing and building data governance policies for ISO 20022.
• Best practices for ISO 20022 data governance.

Module 6: Optimizing Audit Processes for ISO 20022

• Optimizing audit processes for ISO 20022 infrastructure and applications.
• Utilizing ISO 20022-native audit tools.
• Implementing continuous monitoring and logging.
• Designing and building automated audit workflows for ISO 20022.
• Best practices for ISO 20022 audit process optimization.

Module 7: Troubleshooting ISO 20022 Auditing Challenges

• Troubleshooting and addressing common challenges in ISO 20022 auditing.
• Analyzing message mapping and translation issues.
• Utilizing problem-solving techniques for resolution.
• Resolving common interoperability and standardization issues.
• Best practices for issue resolution in ISO 20022 audits.

Module 8: Data Privacy and Security Audits in ISO 20022

• Implementing data privacy and security audits in ISO 20022 environments.
• Utilizing encryption and access control audits for ISO 20022 messages.
• Implementing data privacy compliance audits for ISO 20022.
• Designing and building data privacy audit frameworks for ISO 20022.
• Best practices for data privacy and security audits in ISO 20022.

Module 9: Integration with Compliance Systems

• Integrating ISO 20022 audit findings with existing compliance systems.
• Utilizing API integrations and financial messaging analytics tools.
• Implementing audit findings in compliance reporting for ISO 20022.
• Designing and building integrated compliance platforms for ISO 20022.
• Best practices for system integration in ISO 20022 environments.

Module 10: Regulatory Requirements for ISO 20022 Audits

• Understanding the regulatory requirements for ISO 20022 audits.
• Utilizing financial regulatory guidelines and standards for ISO 20022.
• Implementing compliance monitoring and reporting for ISO 20022.
• Designing and building compliant audit systems for ISO 20022.
• Best practices for regulatory adherence in ISO 20022 implementations.

Module 11: Emerging Trends in ISO 20022 Auditing

• Exploring emerging trends in ISO 20022 auditing and compliance.
• Utilizing AI and machine learning for message analysis and anomaly detection.
• Implementing real-time compliance monitoring for ISO 20022.
• Designing and building future-proof audit systems for ISO 20022.
• Optimizing advanced audit applications for ISO 20022.
• Best practices for innovation in ISO 20022 audits.

Module 12: Real-World Use Cases in Financial Transactions

• Applying real world use cases for ISO 20022 auditing in financial transactions.
• Utilizing ISO 20022 audits for payment system migrations.
• Implementing compliance audits for cross-border payments.
• Utilizing data integrity audits for securities settlement.
• Implementing message structure audits for corporate treasury transactions.
• Best practices for real-world application in ISO 20022 audits.

Module 13: ISO 20022 Auditing Tools and Platforms

• Leveraging ISO 20022 auditing tools and platforms for efficient implementation.
• Utilizing message validation and parsing software.
• Implementing data reconciliation and analytics tools.
• Designing and building automated audit workflows for ISO 20022.
• Best practices for tool implementation in ISO 20022 audits.

Module 14: Monitoring and Metrics in ISO 20022 Audits

• Implementing ISO 20022 auditing project monitoring and metrics.
• Utilizing audit performance indicators and KPIs for ISO 20022.
• Designing and building monitoring dashboards for ISO 20022 audits.
• Optimizing monitoring for real-time insights in ISO 20022.
• Best practices for monitoring in ISO 20022 audits.

Module 15: Future of ISO 20022 Auditing

• Emerging trends in ISO 20022 auditing technologies and frameworks.
• Utilizing decentralized audit models for ISO 20022 compliance.
• Implementing AI-driven threat analysis and auditing in ISO 20022.
• Best practices for future ISO 20022 auditing management.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.