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XML and XFDL ???

By dlai ·
I'm looking for any knowledge in the forum membership about XFDL, a proprietary product of PureEdge Solutions and a candidate for an XML standard, as I understand it. I want to explore conceptual application potential. (I am an independent consultant and not affiliated with PureEdge - i.e., this is not an advertisement for PureEdge)

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XML and XFDL ???

by oz-eB In reply to XML and XFDL ???

I tend to agree firstly with the statement that it will take some time before standards in e-commerce become reality. I don't entirely agree that this conclusion can be drawn entirely from the EDI development process. (If it does we have a _lot_ longer to wait than a few years.) I do think that it is difficult to predict the rise of XML standards.

Secondly, XML has two advantages (that are relevant to this discussion).
1. Virtual communities enable more people to access and comment on standards development more rapidly.
2. XML sports a transformation language (XSLT) and other tools that will significantly ease the pain of performing data transformations.

The Bottom Line
Agree. It is important to get a start now. The biggest issue by far is preparing the systems within a company. These need to meet both the immediate business needs and must be able to adapt. NB: XML can help here too and is perhaps less concerned with the need for a global standard.

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XML and XFDL ???

by dlai In reply to XML and XFDL ???

The question was auto-closed by TechRepublic

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XML and XFDL ???

by JHartleyCAE In reply to XML and XFDL ???

Another area you should consider looking at is the XFRML (XML-based Financial Reporting Markup Language project from the American Insitute of CPAs.

XFRML is a framework that will allow the financial community a standards-based method to prepare, publish in a variety of formats, exchange and analyze financial reports and the information they contain. XFRML, which will be freely licensed, will also permit the automatic exchange and reliable extraction of financial information among various software applications.

You can find additional information at:
http://www.xfrml.org/

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XML and XFDL ???

by dlai In reply to XML and XFDL ???

The question was auto-closed by TechRepublic

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XML and XFDL ???

by dlai In reply to XML and XFDL ???

This question was auto closed due to inactivity

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