Open Financial Exchange

From Wikipedia, the free encyclopedia

Open Financial Exchange (OFX) arising from Microsoft's OFC and Intuit's Open Exchange is a data-stream format for exchanging financial information.

The OFX standard was announced on the 16 January 1997 by Microsoft, Intuit and CheckFree and was designed as a unified technical specification to converge their respective mechanisms. Since the specification allows for bank and application specific extensions, few banks support OFX as a vendor-independent format, preferring to support a narrow subset used only by a specific financial software application, such as Quicken. To date, there are no publicly available and accurate lists of banks that fully support OFX.

Versions 1.0–1.6 relied on SGML for data exchange whereas all versions since rely on XML.

[edit] List of software supporting OFX

[edit] References

  1. ^ Morrow, Steve ("Quicken Steve"). "OFX support" false advertising (reply #34). “QFX (Quicken Financial Exchange) is the Quicken-specific implementation of the OFX specification. Your financial institution must offer QFX in order to download data into Quicken.”
  2. ^ Michaels, Philip; Dalrymple, Jim; Cohen, Peter (2007-08-07). Spreadsheet app Numbers joins iWork '08. MacWorld. Retrieved on 2007-12-11.
  3. ^ aqbanking.

[edit] External links

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