The IFX Forum Issues IFX Version 2.3
The Interactive Financial eXchange (IFX) Forum has published Version 2.3 of IFX, its open, interoperable standard for financial data exchange. The IFX specification is available free of charge at https://bms.ifxforum.org/. More than 3,000 individuals worldwide have registered to access IFX.
The IFX Forum, which was founded in 1997, is an international non-profit industry association for developing and promoting adoption of the IFX specification. The new version’s enhancements include improvements to the automated XML Schema Definition (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 in 2012.
“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 Urban, IFX Forum president. “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 financial services sector organisations worldwide have used IFX, with adopters ranging from large multinational corporations (MNCs) to small focused companies and self-employed consultants, as well as banks, vendors and service providers.