I-Format

I-Format is the only data definition to cover all financial support system data.

• Financial Products, Services, Transactions and Positions for all types of international banking.
• Foundation definitions for Business Units, Parties, Settlement and Accounting.
• How do you define your business, Treasury, Capital Markets, Commercial, Retail, Investment, Private, Wealth Management, Wholesale, etc. , I-Format has the definitions. 

Wholly compatible with, and complimentary to, other B2B standards, I-Format works in conjunction with your existing middleware, ETL, OLAP and reporting environments by providing a common and easily understood publishing format. In addition, it offers an integrated solution to reporting and analysis of financial data, across all financial markets.

How?

How can I-Format provide such a comprehensive and clear definition when so many others are fragmented and incomplete ?

After many years of software and data integration projects in international financial markets, the creators were able to define common, generic and reusable data component definitions. By adding instances of these I-Format data components with market specific role names, a comprehensive, flexible and extensible definition is created; and, as the same definitions are re-used across markets, instant data integration is achieved.

Why?

With financial application interfacing, STP, data integration and reporting costing more than the applications themselves, now is the time for the risk, time and cost reducing approach provided by I-Format and I-Products.

In addition, with the promise of new web services providing mix-and-match financial support functions, there is an even greater need for a single enterprise-wide data format for data interchange.

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