Generation X: XML Portfolio Management Systems Become Reality

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London and New York--Extensible Markup Language (XML), the much talked-about über technology for information sharing and communication protocols, is shortly to become a practical reality in the soon-to-be-launched next generation of portfolio management systems.

The potential benefits of fully compatible straight through processing, both within and outside the enterprise, were demonstrated by Microsoft’s DNAfs program at the Securities Industry Association show in 1999. At that time

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