Wall Street Systems Using Financial Products Markup Language To Facilitate Transaction Processing

Wall Street Systems, a participant in the FpML.org Interest Rate Derivatives and FX Working Groups, is incorporating Financial products Markup Language (FpML) to support transaction processing in the treasury space. FpML enables Wall Street Systems to feed trades into a client’s systems without a custom interface. By providing a standard method of describing trades, FpML helps businesses improve cost efficiencies and benefit from Straight Through Processing.

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