ISO/IEC 20022:2013 - UNIVERSAL
FINANCIAL INDUSTRY MESSAGE
SCHEME

Overview

Description

The ISO 20022 standard provides a methodology to describe business processes and a common business language, which can be rendered in different syntaxes enabling implementations for messaging and application programming interfaces (APIs). From a business point of view, the usage of this universal messaging standard improves efficiencies in delivering products and services.

ISO 20022 Foundation (FD):

ISO/IEC 20022 Foundation training enables you to describe business processes and a common business language, which can be rendered in different syntaxes enabling implementations for messaging and application programming interfaces (APIs).

After understanding all the necessary concepts of ISO 20022 – Universal Financial Industry Message Scheme, you can sit for the exam and become a “SandBP ISO/IEC 20022 Foundation” credential. By holding a SandBP ISO/IEC 20022 Foundation Certificate, you will be able to demonstrate that you have the foundational knowledge and professional capabilities to use this universal messaging standard to improve your organization’s efficiencies in delivering products and services.

ISO 20022 Manager (MG)

SO 20022 Manager training enables you to acquire the expertise and competence needed to support an organization in implementing and managing a Universal Financial Industry Message Scheme based on ISO/IEC 20022. During this training course, you will gain a comprehensive knowledge of ISO 20022 Metamodel and Universal Financial Industry Message Scheme

After mastering all the necessary concepts of Universal Financial Industry Message Scheme, participants can sit for the exam. Once participants meet the pass mark, he/she will be given an “SandBP Certified ISO 20022 Manager” credential. By holding an SandBP Manager Certificate, the participant can be able to demonstrate that he/she has the practical knowledge and professional capabilities to implement ISO 20022 in an organization.

Terms of Certification

 Candidates who score 70% and above in the examination will be issued an SANDBP certificate.

 In case you do not meet the pass mark, you can retake the exam for FREE after the first attempt while subsequent retakes would come at a cost.

Criteria for Suspending and Withdrawing the Scope of Certification

SANDBP reserves the right to suspend or revoke certifications for reasons including fraud, deceit, or submission of inaccurate data.

Process:

 Certificate holders will be notified by certified mail if evidence of charges is found.

 They may present their defense in writing to the certification board.

 The board will review the case and decide to uphold or deny the suspension/revocation.

Causes for Suspension/Withdrawal:

 Improper use of certificates/logos

 Malpractices

 Providing false information

 Ineligibility for applied examinations

 Voluntary suspension requests

Recertification Process

Recertification ensures that certified individuals maintain their knowledge and skills in line with the latest standards and practices. It is a critical process that reaffirms the competency of certified professionals, allowing them to stay current with evolving industry standards.

Criteria for Recertification:

 Transition Exam:

  • Individuals must take and pass a transition exam when there is a change in the current version of the certification standard.
  • The transition exam focuses on the updates and changes in the new version of the standard,     ensuring that certified individuals are knowledgeable about the latest requirements and practices.

 Adherence to Code of Ethics:

Certified individuals must adhere to a code of ethics, demonstrating professionalism and integrity in their practice. Any violations of the code of ethics may result in the suspension or revocation of certification

 Payment of Recertification Fees:

Payment of the required recertification fees is necessary to process and validate the renewal of certification.

Introduction

To maintain the integrity and fairness of our examinations, specific guidelines have been established for proctoring. These rules apply to all candidates and must be adhered to strictly. Failure to comply may result in disqualification or other disciplinary actions.

General Requirements

Technology Setup

  •  Device: Use a desktop or laptop with a working webcam and microphone. Mobile phones or tablets are not permitted unless explicitly allowed.
  •  Internet: Ensure a stable internet connection with sufficient bandwidth to stream video and audio continuously.
  •  Browser: Use the designated browser as specified by the exam platform.
  •  Power Backup: Ensure your device is fully charged and/or connected to a reliable power source.

Environmental Setup

  •  Location: Choose a quiet, well-lit room with minimal distractions.
  •  Background: Ensure the background is plain and free of any clutter or distractions.
  •  Privacy: No other person is allowed in the room during the examination.

Pre-Exam Procedures

Present a valid government-issued photo ID or institution-approved identification document. Ensure that no unauthorized materials (e.g., books, notes, or electronic devices) are present.

During the Exam
Behavior Guideline
  •  Focus on the Screen: Avoid looking away from the screen for extended periods.
  •  No Assistance: You are prohibited from receiving help from anyone or any external resource.
Prohibited Items
  •  Electronic devices such as mobile phones, tablets, smartwatches, and earphones.
  •  Books, notes, or any other study material unless explicitly permitted.
Proctor Interaction
  •  Follow all instructions given by the proctor.
  •  If contacted for clarification or rule enforcement, respond promptly and cooperatively.
  •  Inform the proctor immediately in case of technical issues.

Post-Exam Procedures

Submission
  •  Ensure your exam responses are submitted within the designated time.
  •  Do not close the exam window or disconnect until you receive confirmation that your submission is successful.
Feedback
  •  Report any technical issues or concerns to the designated support team immediately aƜer the exam.

Violations and Consequences

Examples of Violations

  •  Using unauthorized materials or devices.
  •  Attempting to impersonate another candidate.
  •  Engaging in suspicious behavior (e.g., frequent movement, talking).
  •  Disconnecting intentionally without justification.

Consequences

  •  Warnings for minor infractions.
  •  Disqualification of the exam attempt for major violations.

Support and Troubleshooting

Contact the technical support team in case of any issues with logging in, connectivity, or proctoring tools. (support@sandbp.net)

$33

  • Level : Foundation
  • Duration: 4-6 Days
  • Exam Duration : 2 hours
  • Retake Exam: Yes
  • Passing Score: 70%
Enroll Course

$226

  • Level : Manager
  • Duration: 4-6 Days
  • Exam Duration : 2 hours
  • Retake Exam: Yes
  • Passing Score: 70%
Enroll Course