Finastra has launched its Transformation Service, supporting the translation of MT formatted messages to the new ISO 20022 MX messaging standard, among others. The Transformation Service is available to Finastra’s existing and new Financial Messaging customers looking to comply with Swift’s November 2025 deadline for the new cross-border payments and reporting plus (CBPR+) rules. Developed in response to customers’ needs, Finastra’s Transformation Service is extensible to a wide range of message standards. Whether for banks or other financial institutions adhering to mandated migrations or corporate customers needing multiple format translations, the service extends capabilities to meet diverse financial messaging requirements. Embedded as an API-based microservice within the Finastra Financial Messaging platform, the Transformation Service is available to customers running on a SaaS model through managed workflows. It’s also available as a consumable API via Finastra Financial Messaging’s new Self-Serve Portal, where users can access the microservice with a “try before you buy” feature. The service stays up to date with annual market infrastructure-driven message standard releases and offers flexible enrichment and message handling options to ensure a smooth transformation process. Radha Suvarna, Chief Product Officer, Payments at Finastr said, “Our Transformation Service will enable a smooth transition to MX messaging, maintaining operational continuity, and it provides flexibility for strategic planning of future system upgrades.”