Finance XML

eXtensible Business Reporting Language (XBRL): XML specification that describes financial information for public and private companies and other organizations. They have created two XML taxonomies. The first is actually a set of taxonomies related to financial reporting: the Financial Reporting Taxonomies. Since financial reporting varies by country, the taxonomies vary by country. See Financial Reporting Taxonomies at the Web XBRL site (new window). The second taxonomy is for general ledgers: General Ledger Taxonomy at the XBRL Web site (new window). The Organization: XBRL International. More information: XBRL page on the the XBRL International Web site (new window).

Financial Information eXchange (FIX) Protocol: XML specification for the real-time electronic exchange of securities transactions. Organization: FIX Protocol Organization (FPL). More information: FIX page on the the FPL Web site (new window).

Financial products Markup Language (FpML): XML specification for swaps, derivatives, and structured financial products. Organization: International Swaps and Derivatives Association (ISDA). More information: FpML page on the the FpML.org Web site (new window).

Interactive Financial Exchange (IFX): XML specification for electronic bill presentment and payment, business to business payments, business to business banking (such as balance and transaction reporting, remittance information), automated teller machine communications, consumer to business payments, and consumer to business banking. Organization: International Financial eXchange Forum (IFX Forum). More information: IFX page on the the IFX Forum Web site (new window).

Market Data Definition Language (MDDL): XML specification to enable interchange of data necessary to account for, to analyze, and to trade instruments of the world's financial markets. MDDL seeks, through definition of common terms, to provide a standard vocabulary so market data may be exchanged unambiguously between exchanges, vendors, redistributors, and subscribers. MDDL is designed to facilitate delivery of all data and to increase ease of processing for recipients of this market based financial data. Organization: Software & Information Industry Association (SIIA). More information: MDDL page on the MDDL.org Web site (new window).

Open Financial Exchange (OFX) XML Schema: XML specification for the electronic exchange of financial data between financial institutions, businesses and consumers via the Internet. It is designed to support a wide range of financial activities including consumer and small business banking; consumer and small business bill payment and investments transaction download, including stocks, bonds, and mutual funds. Organization: Open Financial Exchange (OFX) Consortium. More information: OFX Web site (new window).

Research Information eXchange Markup Language (RIXML): XML specification to tag any piece of research content, in any form or media with enough detail for end users to be able to quickly search, sort and filter aggregated research. Organization: Research Information eXchange Markup Language (RIXML).org. More information: RIXML page on RIXML.org Web site (new window).

SWIFTStandards XML: XML for new development for SWIFTNet, either in areas that are not supported by the current SWIFT FIN message types or where substantial re-engineering is required. Organization: SWIFT. More information: SWIFTXML page on SWIFT Web site (new window).

 

 

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