[May 23, 2017] |
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IFX Forum Re-Elects Directors from ACI Worldwide, TCS, Wells Fargo
The IFX
Forum today announced the results of its recent elections: incumbent
Directors Frederique Slevin from ACI Worldwide (News - Alert), Murray Heldon from Tata
Consultancy Services, and Mark A. Schaffer from Wells Fargo were
re-elected. The new Board then voted to retain incumbent officers Anita
Brady of Oracle, Chair; Murray Heldon, Secretary; and Victor Dossey of
Microsoft (News - Alert), Treasurer. Richard P. Urban continues as President.
The elections took place as part of the IFX Forum's 2017
Annual Meeting, hosted by Oracle (News - Alert) in Orlando, Florida, USA early this
month. The event also featured the inaugural face-to-face meeting of its
Open APIs Working Group, which was attended by representatives of both
member and non-member organizations.
The Open APIs WG is working to develop a standardized way to address the
growing impetus for banks to provide more open access to their data, in
place of proprietary APIs (application programming interfaces) being
developed by financial institutions and vendors. More details about the
specific goals and activities of the WG are available online.
All interested parties are invited to participate through joining the
Forum.
"It is an honorto serve as Chair of the IFX Forum, and a responsibility
I don't take lightly," said Brady. "I am grateful to my colleagues who
have given me this vote of confidence, and I will continue to work with
the Forum's officers, directors, members and partners to realize our
goals. A priority for all of us is the creation of open APIs for
banking, for which the IFX Forum's agility in specification development
and delivery makes us especially well suited."
The IFX Forum's open, interoperable standard for financial data
exchange, IFX, is available for evaluation at no charge at http://bms.ifxforum.org/.
In addition to developing the IFX specification, the Forum actively
engages in international standards activity, including longtime liaison
efforts with ISO and contributions to ISO
20022, a leadership role in the Business Payments Coalition set up
by the U.S. Federal Reserve, and Memoranda of Understanding with ASC (News - Alert) X9,
BIAN and EPASOrg/nexo.
The Forum welcomes additional members to join in all its activities.
More information can be found at http://www.ifxforum.org/join/.
The Forum also hosts a free IFX
Discussion Forum, where knowledgeable Forum members and other
subject matter experts will answer IFX-related questions from the public.
About the IFX Forum The Interactive Financial eXchange (IFX)
Forum is an international not-for-profit industry association whose
mission is to develop the IFX business message specification and promote
its adoption as an open, interoperable standard for financial data
exchange. An agile standards development organization (SDO), the IFX
Forum also promotes interoperability of industry standards by working
cooperatively with other standards groups.
IFX is broadly used in practical implementations across the financial
services industry, and is especially suited for financial institutions
using Service Oriented Architecture (SOA). IFX contains thousands of
data elements and hundreds of messages specifically designed for the
financial services industry by industry experts. The standard is ideal
for modern API-enabled deployments.
More information about IFX and the benefits of IFX Forum membership can
be found at www.IFXForum.org.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170523005343/en/
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