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FinXML - Capital Markets (Visit this link)
FinXML is an XML based framework developed to support a single universal standard for data interchange within the Capital Markets. FinXML acts as a common standard for cross application information exchange, allowing a financial institution or other organization to communicate the details of highly structured financial transactions in electronic form. As such, FinXML can be used as the basis for straight through processing (STP) and risk management within a financial institution as well as conducting e-commerce over the Internet. The availability of FinXML opens up a range of possibilities for the Capital Markets.
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Added: Wed Dec 26 2001
Last Modified: Mon Dec 31 2001