Quick Fact #1: Message interoperability reduces costs,
increases data quality and increases revenue. By automating
interoperability between disparate systems, MDMI improves
communications, helps reduce errors and provides a way to
address future business changes.
Quick Fact #2: MDMI provides a solution for the pervasive and
never-ending problem inherent in business processes between
different organizations: interoperability of information and
co-existence of electronic messages.
OMG's MDMI provides the financial industry with
the means for sharing costs of adoption via a dedicated, expert
team working to provide proof of business and technical value on
an aggressive schedule. Initial participants in the MDMI
Consortium include FireStar Software, HSBC, SWIFT and Progress
Quick Fact #3: Adoption of MDMI increases the quality of
message processing and significantly reduces the cost, time and
effort of messaging for organizations that need to exchange
electronic messages with other organizations.
Quick Fact # 4: the OMG Architecture Board formally approved
Version 1.0 of the MDMI Standard in September 2009.