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
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