International Finance Corporation (IFX)

Shares / Stock Code

IFX

Stock Exchange / Sharemarket

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International Finance Corporation (IFX) was formed in 1997 to create a messaging standard for financial services that would address the challenges faced with the advent of network-based computing models. Based on the work previously done by the Open Financial Exchange (OFX) and IBM/Integrion GOLD standard, the Forum proceeded to re-invest all of the knowledge gained from those standards to design a next generation XML standard that would be usable in many types of environments, extensible to cover many types of financial transactions and globally focused in recognition of the increase need to communicate around the world. Investors can trade shares on the Australian Stock Exchange (ASX).

The IFX Forum membership is made up of industry leading financial institutions, service providers and independent software vendors, who all believe in the process of open, industry driven standards creation. Membership is open to anyone interested in contributing to the development of open financial standards. The IFX Forum is governed by its Board of Directors and is organized into Committees and Working Groups.