Subject:XQuery in Bank Systems and Technologies Author:SSDN Admin Date:07 Feb 2005 11:32 AM
Read about XQuery and its impact on the financial industry. Here's what Jerry King, Vice President of XML Development at DataDirect Technologies had to say in an interview with CMP's Bank Systems and Technologies magazine:
"The coming year will bring many new developments to XQuery, the highly anticipated language for querying and creating XML documents, that will ultimately lead to a complete overhaul in the way banking software applications are built. Primarily queried from relational databases, business-critical data is increasingly required to be exchanged and processed as either XML data, or a combination of XML data and relational data. Recognizing this, the World Wide Web Consortium (W3C) has developed XQuery as a uniform language for data exchange. In the same way that SQL provides a query language for relational databases, XQuery will provide a common language for accessing both XML and relational data stores. The promise XQuery brings to dramatically simplifying and accelerating data integration and querying XML is unprecedented. The emerging standard will revolutionize data exchange and the way applications are developed, deployed and utilized."