Open Financial Exchange
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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 publically 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. OFX is protocol-independent but generally consists of CGI scripts contacted over TCP.
[edit] References
[edit] External links
- More information on the OFX specification
- MT2OFX: Tool for conversion among MT940 and OFX formats
- Free OFX library
- OFX Press Release (copy)
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