This document discusses the challenges of XML management and XMLdation's solutions. The three main challenges are: communicating with stakeholders, managing fragmented XML knowledge, and increasing complexity of XML. As XML transactions have more business rules, the complexity increases. XMLdation offers an XML management platform, validator, test file generation, and consulting services to help customers manage XML specifications and transactions.
3. Starting point
Three main challenges of XML
management
Communication with stakeholders
Managing (defragmented) XML knowledge
Increasing complexity of XML
4. Why communication is essential?
Discontinuity point. Risk:
- Misunderstanding
- Bad customer experience
- More errors
- Maintenance challenges
BANK
CORPORATE
CUSTOMER
6. Increasing complexity
- looking beyond schema
Each different transaction type has lots of
business rules:
Additional restrictions
• Codes, character sets, field lengths . . .
Check sums
• Number of transactions, IBAN, reference, control
sum . . .
Dependences
• IBAN<> BIC, Country code<>IBAN,
if then else, . . .
And so on
7. Increasing complexity
Example credit transfer
ISO20022 includes around 40 business rules
CGI-MP includes around 80 business rule
Bank’s general business rules around 30-50
Transaction specific rules 5-20
80 % of problems and workload are business
rules related
8. Communication challenges
with stakeholders
Long value chain
Stakeholders requirements varies
Different versions and even standards
• Product Development
• IT department
• Onboarding teams
• Customer Support
• Bank’s customers and their IT teams
• Software vendors
• Implementation consultants
9. XML Management
is framework for
managing specifications of XML transactions
and
definitions of processes based on XML
messages
12. Easy to use
Reusable public rule libraries
• ISO20022, CGI-MP, EPC, Country
Level etc.
• Reusable user specific libraries
Automatic documentation
Integration with validator
Efficiency of OCL is proofed
myXML creates real additional
value on top of schema
All in XML management
13. Test file generation
With myXML Test File generator user can creates
hundreds of erroneous or correct test file
Join to our next webinar June 23 to learn more this
unique solution
• Registration via XMLdation webpages
15. XMLdation - Services Portfolio
Full end-to-end integration
testing service, simulating the
bank’s or clearing’s responses
to corporates or banks.
Helps in setting up Straight
Through Processing and
Reconciliation.
Leading XML Validator® for
payments, e-Invoices and other
financial messages via web
browser or API.
Validation is based on bank
specific business rules and gives
immediate response to the user.
XML Management platform for
centralized maintenance, version
management and distribution of
business rules.
Automated test file generation,
documentation and life cycle
management.
Consulting for XML development
and management projects in
financial domain. Project focus on
ISO and CGI-MP compliance.
Enabling services for customers’
needs by utilizing XMLdation tools.
16. Company Factsheet
Finnish company
Established in 2009
Offices in Espoo and Tampere, Finland
Representation in Brussels, Belgium, and in
Hamburg, Germany
Bank customers in more than 10 European
countries
Users of XMLdation services in more than 50
countries