Products: Industry Rules : FpML Validator
Validate trades for compliance against the FpML industry standard
The validator builds on the patent-protected, performance optimised xlinkit Validation Engine. Whether you are trading Interest Rate Derivatives, Credit Derivatives, or any other supported asset class - the Systemwire FpML validator is the only out-of-the-box solution that makes sure you are producing fully valid FpML
Not only have we already implemented all the standard FpML business rules for you, in our CLiX reference implementation, if you purchase the validator we will track the standard for you and throw in rule upgrades for free! You can also add your own business rules quickly using the xlinkit Rule Workbench.
Strengthen your STP architecture with an application firewall
- “Push validation upstream” to reduce downstream breaks
- Reduce misunderstanding and misinterpretation of the complex FpML standard through unambiguous business rules
- Detect errors before you go to expensive user acceptance tests, in overnight unit test runs
Improve your development process maturity and lower your costs
- Eliminate hardcoding of validation and duplication of effort
- Let us track the standard for you - rule and schema upgrades included!
- Implement an off-the-shelf business component with a straightforward interface
Flexible Architecture
- Java API (.jar)
- Eclipse plug-in
- Schema management
High Performance
- Schema caching, rule caching, rule optimisation
- Stateless: Easily replicable for scalability
- Benchmark performance: 60 trades per second per instance
Future Proofing
- Follows FpML release roadmap
- Available now: Equity, credit and interest rate derivatives, cross-asset class shared elements
- Coming Soon: FX derivatives
Services
Systemwire supports its products with services. We, our service partners, and affiliated research institutions have leading expertise in distributed system architecture, finance, XML and business rule validation. We can assist you in establishing a consistent approach to trade message design and management, managing your metadata and handling your reference data. We can also help you to establish a coherent validation rule architecture and build industrial strength validation solutions for your internal needs.
Support
Systemwire's support offering comprises:
- e-mail support
- Access to issue tracking
- Access to hot fix releases
- Free upgrade to rules specified by the FpML validation working group
Availability and Information
Interested parties should contact enquiries@systemwire.com
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