Consistency management of financial xml documents

Abstract

In the financial domain a large number of inconsistent documents are produced every day. Up to now, many of the consistency management activities are executed manually, generating significant expense and operational risks. In this paper we present an approach for consistency management of financial XML documents. The approach includes the activities of consistency checking and consistency handling. It is based on consistency rules, used to express relationships among elements and documents, and resolution actions, used to restore the documents to a consistent manner. A prototype tool has been developed to demonstrate and evaluate the approach.