Image for fib Technical Committees

fib Technical Committees

FIB Technical Committees are groups of industry experts that develop and maintain technical standards for the financial industry. They collaborate to create guidelines ensuring consistent, secure, and effective practices across financial markets. These standards help different organizations communicate smoothly, reduce risks, and improve market infrastructure. Think of them as expert teams setting the rules for how financial information and transactions should be handled, ensuring the entire system functions reliably and efficiently.