SMART CONVERTER

Financial integration and messaging built to evolve.
Smart Converter connects applications, transforms messages and enables seamless evolution across legacy systems, modern platforms and financial infrastructures. It centralises mappings, validations, rules, routing and traceability to reduce dependencies between applications and manage changes in standards with greater control.

Smart Converter is the intelligent layer that connects and enables financial messaging to evolve.

Smart Converter is a specialised financial integration and messaging platform. It acts as an interoperability layer between applications, legacy systems, SWIFT and market infrastructures, centralising transformation, validation and routing logic within a governed environment.

THE PROBLEM IT SOLVES

Connect, transform and govern

Financial institutions maintain multiple interfaces across core systems, channels, payments, back office, custodians and networks. When mappings, rules and transformations are distributed across specific developments, each new format or release can impact multiple applications and require repeated testing and changes. Smart Converter centralises this logic, enabling more controlled and maintainable evolution.

CORE CAPABILITIES

Conversion and coexistence of SWIFT MT/MX and ISO 15022/ISO 20022.
Processing of pacs, camt and pain messages and regulatory XML.
Declarative mapping of fields, structures and business rules.
AI applied to identifying equivalences, dependencies and impact analysis.
Syntactic, semantic and functional validation.
Normalisation, enrichment and management of incomplete information.
Routing, queues, APIs, connectors and application decoupling.
Catalogue of versions, rules, mappings and configurations.
End-to-end traceability of the original message, transformation, destination and response.
Management of exceptions, retries, errors and resolution evidence.
Adaptation to SWIFT connectivity standards and market infrastructures.
Security, cybersecurity, access governance and change control.
Observability, scalability, resilience and operational continuity.
Compatibility and maintenance for SWIFT Standards Releases.

VALUE FOR THE INSTITUTION

Reduced dependency between systems

Centralises rules and transformations, reducing the need for specific integrations.

More controlled standards changes

Enables mappings and validations to evolve without extending every change across the entire architecture.

Higher data quality

Validates, normalises and enriches data, preventing information loss.

Greater traceability

Tracks the original message, applied transformations, destination and exceptions.

Greater capacity to evolve

Facilitates the coexistence of formats and applications during migrations and releases.

Reduced maintenance complexity

Centralises rules, mappings and versions in a single layer, simplifying management and reducing changes.

A CONNECTED ARCHITECTURE

Smart Converter as a common data and messaging layer

Smart Converter connects and enables information to flow across ARENA’s different solutions. It feeds RTBC and Instant Payments, connects CORAC with custodians and networks, and provides R2E with data ingestion, transformation and validation capabilities.

Its value increases when it is used as a common platform rather than as an isolated development for a single message.

USE CASES

MT/MX Migration

Conversion, validation and coexistence with applications that still consume MT messages.

Structured Addresses

Master data normalisation, validations and exception management.

SWIFT Standards Release

Updates to mappings, rules and testing ahead of annual changes.

ISO 20022 Payments

Integration of pacs, camt and pain messages with core systems, channels, fraud, liquidity and reporting.

Corporate Actions

ISO 15022/20022 interoperability across applications, custodians and CSDs.

Regulatory XML

Ingestion, mapping and transformation for regulatory reporting processes.

DISCOVER SMART CONVERTER

DO YOU NEED TO SIMPLIFY YOUR INTEGRATION ECOSYSTEM?

At ARENA, we can help you assess how Smart Converter fits into your current architecture and your upcoming integration, financial messaging and standards evolution challenges.