The Interactive Financial eXchange (IFX; http://www.ifxforum.org)
Forum announced today that it has published Version 2.3 of IFX, its
open, interoperable standard for financial data exchange. The IFX
specification is available at no charge at http://bms.ifxforum.org/.
More than three thousand individuals around the world have registered to
The IFX Forum is an international non-profit industry association whose
mission is to develop and promote the adoption of the IFX specification.
The new version's enhancements include improvements to the automated XSD
generator that is available to Forum members and IFX subscribers,
and additional material in several areas of the specification, such as
the initial submissions from the Loans Working Group that was launched
"The publication of IFX 2.3 continues our commitment to augmenting and
improving the specification for the benefit of the worldwide financial
services industry," said Richard P. Urban, President of the IFX Forum.
"We're grateful for the dedicated efforts of the participants in our
Working Groups and Architecture Committee, which have collectively
enabled the Forum to address the needs of IFX users for nearly 15 years."
Hundreds of organizations worldwide have used IFX, representing -- as
does the IFX Forum membership -- a cross-section of the worldwide
financial services industry. IFX adopters range from large multinational
corporations to small focused companies and self-employed consultants,
from banks to vendors to service providers, from all regions of the
About the IFX Forum
Founded in 1997, the Interactive Financial eXchange (IFX) Forum is an
international not-for-profit industry association whose mission is to
develop IFX and promote its adoption as an open, interoperable standard
for financial data exchange, suitable for use by all sectors of the
financial services industry. The IFX Forum also promotes
interoperability of industry standards by working cooperatively with
other standards organizations and consortia.
Forum membership is open to organizations interested in contributing to
the development of open financial standards. Forum members include
financial institutions, hardware, software and service firms, and
related non-profit groups. The IFX Forum is currently organized into the
following Working Groups: ATM/POS; Branch Banking Services; Business
Banking; Card Management & Servicing, Liaison & Interoperability, and
Loans. IFX Forum Working Groups, in concert with an Architecture
Committee to coordinate their efforts, develop open Internet-compatible
messages for all sectors of the financial services industry. To learn
more about IFX Forum standards or the benefits of IFX Forum membership,
please visit www.IFXForum.org.