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Ensuring Interoperability of XML Systems Standards Body Efforts

Ensuring Interoperability of XML Systems Standards Body Efforts. Securities Industry News Conference 13 September 2001 Simon Y. Blackwell Chairperson, XACML Technical Committee OASIS CTO, Psoom, Inc. Benefits Of Standards Adoption. Faster software development

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Ensuring Interoperability of XML Systems Standards Body Efforts

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  1. Ensuring Interoperability of XML SystemsStandards Body Efforts Securities Industry News Conference 13 September 2001 Simon Y. Blackwell Chairperson, XACML Technical Committee OASIS CTO, Psoom, Inc.

  2. Benefits Of Standards Adoption • Faster software development • More robust software development • Interoperability Simon Y. Blackwell, Psoom, Inc.

  3. Primary Generic XML Standards Bodies • IETF – Internet Engineering Task Force • W3C – World Wide Web Consortium • OASIS – Organization for the Advancement of Structured Information Standards • OAGI – Open Applications Group Simon Y. Blackwell, Psoom, Inc.

  4. Independent Financial Efforts • FIXML – FIX Markup Language • XBRL – eXtensible Business Reporting Language • FPML – Financial Products Markup Language • SWIFTML – SWIFT Markup Language • MDML – Market Data Markup Language • OFX – Open Financial Exchange Simon Y. Blackwell, Psoom, Inc.

  5. Standards Evolution • No Standards - 1998 • Divergent Standards – 1998 to 2002 • Competing Standards – 2001 to 2003 • Convergent Standards – 2002 to … Simon Y. Blackwell, Psoom, Inc.

  6. Reasons For Divergence • Need for business applicability in the absence of core horizontal standards • New technology with immature network of communicating experts • Competitive forces • HR-XML Simon Y. Blackwell, Psoom, Inc.

  7. Reasons For Convergence • Need for interoperability • Lack of adoption due to confusion • Lack of adoption due to size of standard • Standards compliance can be a competitive tool • ebXML and BOD • XACML Simon Y. Blackwell, Psoom, Inc.

  8. Standards Body Co-Operation • OASIS and OAGI • OASIS and UN/CEFACT • OASIS, OMG, HR-XML, BRML • W3C IETF • W3C OASIS Simon Y. Blackwell, Psoom, Inc.

  9. Development For Interoperability • Detailed data analysis • Component level design • Designing in layers • Standards reuse • CIL • XBRL • ebXML Simon Y. Blackwell, Psoom, Inc.

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