J.P. Morgan & Co. Incorporated and PricewaterhouseCoopers LLP announced that IBM Corp. would participate on the technical committee for the recently announced Internet-based protocol FpML (XML-based financial products markup language), a specification for electronic dealing and information sharing of financial derivatives. The two firms also announced that IBM would help create FpML seminars for technical and financial services professionals worldwide. The FpML standard, announced last week by J.P. Morgan and PricewaterhouseCoopers, enables Internet-based electronic dealing and information sharing of financial derivatives, initially focusing on interest rate and foreign exchange products. The FpML standard, which will be licensed freely to the technical and financial markets, is based on XML and will allow the Internet-based integration of a range of services, from electronic trading and confirmations to portfolio specification for risk analysis. For more information on the FpML seminars or the FpML standard, see www.fpml.org.
Category: Content technology news (Page 603 of 637)
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SAP AG announced its endorsement of eConcert, the multipartner implementation of RosettaNet’s electronic commerce standards. As one of the enterprise business software solution members of the managing board of the RosettaNet global electronic commerce standards consortium, SAP says it is committed to implementing RosettaNet XML-based Partner Interface Processes (PIP) to help further extend the current Internet commerce capabilities of its 20,000 customers worldwide by RosettaNet’s Feb.2, 2000, industry readiness target date. www.sap.com.
Innovision Corporation announced it will introduce a new XML Protocol (XP) framework, Nepal XP, to achieve universal data interchange. The Nepal XP components include: Nepal XP Language: A language modeling platform that enables full life-cycle development of XML Protocols; Nepal XP Server: A server component that supports protocol-specific frameworks and application development; Nepal XP Client: Thin-client components for browsers, embedded devices and emerging technologies; and Nepal XP Tools. www.innovision.com
Oberon Software Inc. unveiled its partnership with webMethods, Inc. Under the terms of the agreement, the companies will build on Oberon’s Prospero solution and webMethods B2B suite to accelerate cross-enterprise integration of line of business applications across the supply chain. The result of this alliance will be a Prospero building block for the webMethods B2B suite. Oberon will develop and support a building block enabling seamless integration between webMethods B2B and the Prospero environment. As part of Oberon’s mission to seamlessly link disparate systems, this new building block will leverage webMethods’ cross-platform, XML-based products to deliver an integrated framework for conducting e-business by connecting applications in real time through firewalls over the Internet. webMethods customers will have immediate access to packaged and legacy applications supported by the extensive library of Prospero building blocks. For all the enterprise applications that Oberon supports, Oberon customers are immediately able to securely and reliably deploy cross-enterprise e-business applications.
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
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
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
Systran Software Inc. announced that it has entered into a strategic alliance with Berlitz International Inc. to offer full professional human translation services on the Internet in addition to its already existing Machine Translation Services. www.systransoft.com, www.berlitz.com