Bank of England Says Industry Needs Common Standards Like XML
MARKET DATABASE
LONDON--Extensible Markup Language (XML) may make it easier for market participants to adopt common standards, says a report in the Bank of England’s Quarterly Bulletin.
The report, written by Bob Hills of the Bank of England’s infrastructure division, states that straight through processing can be achieved only if participants use common message standards to exchange data electronically. It adds that XML has potentially profound implications for the standardization of electronic messages.
"XML
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Glue42 and Finsemble merge, reshaping interop vendor landscape
The niche interop market previously dominated by Glue42, Finsemble, and OpenFin is evolving—and so are the vendors themselves.
Waters Wrap: On cybersecurity, regulators and ‘victim blaming’
In the wake of the Ion hack, regulators are pushing for firms to beef up their cyber defenses. Anthony says that they'll need to mind their words and tread carefully, as cloud, machine learning and open source take off.
What does it take to put a database in the cloud?
There are several ways to migrate an old legacy system to the cloud, but there's always a trade-off.
Waters Wavelength Podcast: Episode 265 (Conferences in a post-Covid world)
Tony, Shen, and Reb discuss the future state of industry conferences.
This Week: EU CT updates, OpenFin, DTCC/Nomura, TMX/Clearstream, and more
A summary of the latest financial technology news.
Tomorrow’s institution cares more about its risk than its performance
Execs from BlackRock, BMO, and Ness Digital Engineering discuss the balancing act of the wildly shifting priorities each of their organizations contend with every day.
UBS found no advantage in quantum computing—ex data chief
The Swiss bank tested various use cases in its trading business before giving up on the technology.
This Week: Overbond pairs with Deutsche Börse, Finsemble; SIX, FlexTrade partner; & more
A summary of the latest financial technology news.
