FundsXML Initiative to Increase Scope

The working groups under the FundsXML Standards Committee (FSC), part of, are looking to expand the scope of data exchange standard FundsXML to facilitate its establishment as the standard for data delivery in Europe, according to speakers at TSAM held in London in March.

FundsXML, an open and free of charge file format for the exchange of mutual fund information that enables fully automated data exchange between market participants, was launched in 2001 at a time when the growing

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