Wall Street Systems Adopts FpML

TECHNOLOGY NEWS

NEW YORK -- Treasury trading and settlement systems supplier Wall Street Systems said in August it is incorporating FpML (financial products markup language) in its treasury transaction system.

FpML is an XML-based business information exchange standard for electronic dealing and processing of financial derivatives contracts.

Wall Street Systems’ product director, Rick Schumacher, said the key reason for supporting FpML is that it enables his firm to feed trades into a client’s system without

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