Sakobia is a central messaging hub designed to manage the generation, validation, authorization and translation of SWIFT messages without having to modify your existing infrastructure. It is a full stack enterprise web-application deployed in the bank. With Sakobia, banks can seamlessly transit from SWIFT MT to new SWIFT MX standards faster and cost-effectively.
With Sakobia, Banks can simply manage and secure incoming and outgoing messages with Sakobia across all of their applications. They can deal with issues such as varying timescales and migration approaches, standard coexistence of legacy applications, data management challenges, and more, allowing banks to meet mandatory deadlines without having to upgrade their existing systems or procedures.
Let’s support you on your migration journey
Banks globally are gearing towards the migration of SWIFT messages from the legacy MT financial messaging to the highly structured ISO 20022 standard. The migration of SWIFT messages from SWIFT MT to ISO 20022’s data-rich MX payment messaging standard is a significant transformation for the financial services industry.