XML Processing for Investment Banks
In the front and back offices of the investment bank, the speed of processing XML can have immediate impact on the success of the business. In the front office, the time to market for implementation of new products in trade capture systems has direct impact on the profitability of the bank. Similarly, in the back office, as the volume of trades has grown, and as the variety of derivative instruments has flourished, the prospect of rapidly analyzing all positions has become unattainable for many banks. This paper describes an approach for the storage, processing, and analysis of derivatives trades that will benefit the investment bank in several ways.


