- Zürcher Kantonalbank (ZKB) can now process ISO 20022 reporting messages ahead of the global SWIFT deadline, going live with Smartstream’s Corona MX solution as part of the Smart Reconciliations suite.
- The migration, executed with Smartstream and supported by ZKB’s ISO 20022 expertise, enhances the bank’s reconciliation capabilities, particularly for cash transactions across multi-account and currency operations.
- • This move enables full payment lifecycle visibility and positioning the bank for future operational excellence.
Smartstream announced that Zürcher Kantonalbank (ZKB), the largest cantonal bank in Switzerland, has completed its ISO 20022 migration project for reporting messages ahead of the global Swift deadline, now live with Corona MX — part of the Smart Reconciliations solutions suite.
Schmitz Wolfgang, project manager for ISO 20022, ZKB, said in a statement: “The migration was executed with precision and foresight, ensuring we were fully prepared and operational well before the industry-wide ISO 20022 cutover. The solution is now live and in full production.”
As a trusted partner of Smartstream for over 40 years, the bank leveraged the advanced capabilities of Corona to deepen its integration with ISO 20022 standards. The upgraded platform enables enhanced reconciliation processing, particularly for cash transactions, and supports multi-account and multi-currency reconciliation processes with greater efficiency and accuracy.
Patrick Prucha, product manager at Smartstream, said in a statement: “Working together on the ISO 20022 migration has been a rewarding experience, and completing the transition ahead of the SWIFT deadline reflects ZKB’s forward-thinking approach and strong commitment to innovation. Their focus on continuously enhancing processes ensures their customers remain at the forefront of industry standards and technological advancements.”