ISO 20022 Standards Evaluation Groups
The ISO 20022 Standards Evaluation Groups (SEGs) are made up of industry experts in specific business domains of the financial industry as defined by the ISO 20022 Registration Management Group (RMG).
SEG members are nominated by ISO TC68 member countries and liaison organisations.
The role of a SEG is threefold:
- To ensure that the right industry groups are informed of proposed developments to ensure all business requirements will be addressed.
- To validate the newly developed message definitions from a business perspective as representative of future users. This is to ensure that what will be posted in the ISO 20022 repository by the RA really addresses the needs of future communities of users as described in the business justification accepted by the RMG in the first place.
- To approve changes to existing message definitions.
The RMG defined the scope of five SEGs: