Oban is in the process of building an ISO 20022 compliant Market Gateway. This gateway will provide the Member with share market trading capability.
The intention is to offer members the ability to trade exchange listed shares via the smartphone app, thus extending the investment options available to them.
The messages will be based on the global ISO 20022 standard. ISO 20022 is a ISO standard for electronic data interchange between financial institutions. The standard covers financial information transferred between financial institutions that includes payment transactions, securities trading and settlement information.