Financial Products Mark-up Language (FpML)
The battle for the back office
Post-trade incumbents at risk as Isda and others search for standards
Push for machine-readable contracts poses problems
Rise of the machines
FpML messaging to be allowed on Swift
The International Swaps and Derivatives Association is to collaborate with the Swift interbank network to allow messaging in the FpML derivatives markup language.
Isda pushes for automated trade verification for derivatives
The International Swaps and Derivatives Association, the trade body representing over 600 institutions working in the derivatives industry, has moved to accelerate the transition to automated over-the-counter derivatives trade processing by publishing a…
Isda and Fix join forces
The International Swaps and Derivatives Association and messaging service provider Fix Protocol have formed a joint working group to share information on the development of their respective FpML and Fix messaging standards.
Buy side slow on FpMLtake-up
LONDON - One would be forgiven for thinking that Financial Products Mark-up Language (FpML) is another information exchange standard that has been superseded or has simply run out of steam, given the protocol's low media profile in the wake of the…
STP Part 2: After Automation
A vice president of IT at Paine Webber predicts it won’t be enough to automate processes-they must be carefully coordinated.
Isda seeks industry help to develop FpML for credit derivatives
The International Swaps and Derivatives Association (Isda) is seeking industry help to set up a working group to develop financial products mark-up language (FpML) for credit derivatives. FpML, a computer protocol, was built to promote the electronic…
Isda, FpML.org unveil trial recommendation for FpML 2.0
The International Swaps and Derivatives Association and FpML.org, scheduled to merge at the end of January, have published a trial recommendation for financial products markup language (FpML) Version 2.0.
Twist publishes new FX standard and adds members
Twist (the treasury workstation integration standards team), an industry initiative set up to standardise integration between treasury and FX systems, has published the second version of its FX interface standard.
Changing of the guard at FpML.org board
A number of changeovers have taken place on the board of FpML.org, the non-profit organisation developing an XML- (extensible mark-up language) based standard for OTC derivatives trading.
No time to lose...
Operational risk management software will be essential under Basel II. And it means something more than a loss database, argues software supplier David Withey.