ORE Studio FPML Component
Financial Products Markup Language (FPML) processing infrastructure for handling derivatives and securities trade representations in ORE Studio.
About FPML
Financial Products Markup Language (FPML) is a comprehensive XML-based schema for representing financial instruments and processes. Originally developed by the International Swaps and Derivatives Association (ISDA) and other industry participants, FPML serves as a standard for pre-trade, trade, and post-trade electronic commerce in the global OTC derivatives markets. The language enables consistent representation of complex financial instruments including interest rate swaps, credit derivatives, equity derivatives, foreign exchange derivatives, and commodity derivatives. FPML facilitates straight-through processing (STP), reduces operational risk, and improves efficiency in trade processing by providing a common language for communication between market participants.
Component Architecture
Diagram:
Provides comprehensive support for parsing, validating, and processing Financial Products Markup Language (FPML) documents.
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