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Day: June 14, 1999 (Page 1 of 2)

Infinity Contributes XML-Based Network Trade Model to DNAfs

Infinity, A SunGard Company, announced it has contributed the Infinity Network Trade Model to the Microsoft Windows Distributed interNetworking Architecture for Financial Services (Windows DNAfs) Advisory Council. The Infinity Network Trade Model will form the basis for industry standards definitions for Risk Management and Derivatives schemas and interfaces. Infinity has joined the Microsoft STP / Windows DNAfs Advisory Council and taken responsibility for leading the council’s risk management and derivatives Competency Centers as a result of the work and expertise they provide to the initiative. The objective of the Microsoft Windows DNAfs initiative is to promote standards within the financial services industry that address the key obstacles to straight-through-processing: business-to-business connectivity and application-to-application integration between new and legacy systems. www.infinity.com

webMethods Announces Support for FpML

webMethods, Inc., announced support for the FpML standard (Financial Products Markup Language: www.fpml.org), an open XML-based protocol that supports financial derivatives, e-commerce and data sharing between applications. Led by J.P. Morgan & Co. Incorporated and PricewaterhouseCoopers LLP, the FpML standard will facilitate seamless Internet-based integration for a wide range of client services, allowing the financial services market to take full advantage of Internet connectivity while lowering operational risks. www.webmethods.com

XML For All Announces Free Scripting Tools

XML For All, Inc. today announced the release of its first product, the XFA Scripting System, a rapid application development system for XML. Microsoft Windows and Linux versions of the XFA Scripting System are free and can be downloaded from www.xmlforall.com. XFA (XML For All) is a set of XML tags that specify executable actions. Other approaches to processing XML require the use of another language such as Java, Perl, or Visual Basic. With XFA, all you need is XML. XFA was designed from the start around XML and uses XML pervasively. XFA is for developing advanced web sites. An XFA script contains a mix of XFA, XML, and HTML tagged elements allowing web page designers and programmers to share a common language. Its easy to add new executable tags to XFA or to create a custom interpreter for a new XML tag set. The XFA Scripting System includes an XFA interpreter, comprehensive documentation, and a collection of examples, libraries, and tools. The XFA interpreter can be run either under a web server or stand alone. The XFA library system can be used to factor large applications and to organize collections of reusable components. www.xmlforall.com

Novera Software Embraces XML for Application Integration

Novera Software, Inc announced the latest release of the Company’s Novera software suite (formerly known as jBusiness). Novera 4.5 adds XML support, along with a new IBM WebSphere module, to extend enterprise applications to the Web. Integrating applications between customers, partners and suppliers is a time-consuming and expensive process. Novera 4.5 eases this process by encapsulating corporate data locked inside of relational databases, mainframe applications and packaged applications to create standards-based Enterprise Business Objects. Novera then allows these business objects to be exposed as XML to any Web application, providing organizations with a standard format for communicating business information (such as attributes of an order placed over the Web) with partners and suppliers. By combining XML with its EJB- and CORBA-based Enterprise Business Objects, Novera provides the distribution and management capabilities needed for enterprise-class business-to-business electronic commerce applications. Additionally, Novera 4.5 allows the same Enterprise Business Object to be exposed as Java Server Pages (JSP), Java Beans and/or Java Servlets, providing customers with the flexibility to use and reuse the Enterprise Business Objects in any Web application. This reusability translates into significant cost savings and faster time-to-market for organizations looking to deploy multiple Web applications. Novera 4.5 is available immediately from Novera Software. www.novera.com

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