ISO 20022-4:2013 specifies the XML syntax transformation rules used to translate an ISO 20022-compliant MessageDefinition into an XML Schema for describing and validating XML Messages. It defines the transformation from the Logical level to the Physical level, including namespaces, schema granularity, XML message instance requirements, naming rules, completeness requirements, and mappings between ISO 20022 metamodel concepts and XML Schema artifacts.
The standard also covers the transformation of data types such as amounts, quantities, codes, identifiers, rates, indicators, text, dates, times, durations, and binary content. It is intended for financial messaging modelers, standards implementers, XML Schema developers, Registration Authority processes, and organizations working with ISO 20022 message development and validation.
Application Scope: Financial services messaging, ISO 20022 message modeling, XML Schema generation, XML message validation, and financial data interoperability.
