Library to parse and convert SWIFT MT files

Question

In order to read and parse MT942, MT940 files, which library is recommended to use.

I came across two options,

1. Using open-source library provided by PROWIDE
2. Using SWIFT standard libraries - SWIFT

Is there any other approach to read and parse SWFIT MT files ? Or which is considered best approach to parse and convert MT files?

Answer 1

I'm one of the authors of the Prowide library.

A major benefit of our library is that it is open source and widely used.

SWIFT base libraries can be very expensive for the average project budget.

Answer 2

You can also check FINaplo, a multi-purpose implementation for financial messages.

It provides an online validation service, Java SDKs, as well as REST solutions.

I happen to be one of the authors.

For this specific case, the most suitable answer is a SWIFT MT library, you can check a demo on this GitHub Page.