BofA’s Advantage Platform Using FpML
CONNECTIVITY
CHICAGO--Bank of America’s Global Markets division in Chicago is deploying the Financial Products Markup Language (FpML) as an internal integration tool as well as for receiving confirmations from interdealer brokers, officials tell TTW.
FpML will be used from front to back as part of BofA’s three-year Advantage derivatives trading platform project. Advantage, a Java- and C++-based platform to be deployed in Chicago, London and Tokyo, is now about 65 percent complete, says Vlad Torgovnik, head of
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