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BNP Paribas Selects Xyleme for Derivatives Data Solution.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 & LONDON -- Xyleme(R) Inc., a leading provider of XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 content management solutions, has been selected by BNP Paribas BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. , one of the Euro zone's leading banks, to integrate a solution around the management of the bank's derivatives data.

Today, Xyleme enables several large, international investment banks The following is a list of investment banks Financial conglomerates
Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance.
, to benefit from the most innovative solutions and technology for the management of derivatives data.

The innovation herein is that Xyleme's native XML solution enables traders to easily collect information from disparate systems and search across heterogeneous trade information regardless of their underlying XML schemas This is a list of XML schemas in use on the Internet sorted by purpose. XML schemas can be used to create XML documents for a wide range of purposes such as syndication, general exchange, and storage of data in a standard format. Bookmarks
  • XBEL http://pyxml.sourceforge.
. Difficult to achieve until now, Xyleme's solutions provide integration of trade data for reporting purposes such as the profitability of specific financial products or client risk exposure.

"As a leading player in the derivatives area, BNP Paribas will leverage our technical innovations for their increasingly complex financial instruments, streamlining operations and enhancing the customer experience. " said Mark Hellinger Mark Hellinger (March 21, 1903 - December 21, 1947) is primarily known as a New York theatre critic and reviewer. The Mark Hellinger Theatre (now the Times Square Church) in New York City is named for him. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Xyleme.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, with a significant and growing presence in the United States and leading positions in Asia. BNP Paribas is the first bank in the Euro zone in terms of net income (2004). The group has one of the largest international banking networks, a presence in over 85 countries and employs more than 105 000 employees, including approximately 80,000 in Europe. BNP Paribas enjoys key positions in its three core businesses: Corporate and Investment Banking, Asset management & Services and Retail Banking.

About Xyleme

Xyleme (www.xyleme.com) is a leading provider of content management solutions that enable customers to transform, analyze, re-purpose, and distribute continuously changing, high-value information across their organization and to their partners. Built on a highly scalable architecture and native XML database See XML database. , Xyleme supports Dynamic Business Content Models that eliminate content redundancy and provide the flexibility to rapidly create new revenue-generating products and services and reduce time-to-market. Xyleme Server, the company's flagship product, serves as the platform for all Xyleme solutions and incorporates an in-memory index design to provide outstanding performance, unmatched query precision, and a unique notification engine to meet real-time needs for automating, publishing, and distributing high-value content.

Trademark

Xyleme is a registered trademark of Xyleme, Inc. Other trademarks, registered trademarks, product names, company names, and service marks mentioned herein belong to their respective owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 1, 2006
Words:389
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