Organizations implement OpenFX as a standard payload specification for financial data exchange between any two systems wanting to exchange data. Transcend borders, avoid bank hours, and eliminate processing times & costly fees with the universal OpenFX standard.
OpenFX defines the specification layer that enables seamless interoperability between any distributed ledger and banking rail worldwide, standardizing efficient domestic and international financial data transfers.
The first and only specification that standardizes on and off ramp capabilities for fiat monies and cryptocurrencies, defining how blockchains and distributed ledgers can move stable coins, deposit tokens, and facilitate movements on private liquidity networks.
Near-instantaneous financial data transfers with minimal latency across global networks.
Built on ISO20022 standards ensuring regulatory compliance and enterprise-grade security.
Supported by the efforts of over 3,500 banks and credit unions worldwide through our extensive network.
OpenFX defines standardized data exchange protocols for real-time payment systems, legacy banking rails, and all major distributed ledgers through a unified specification framework.
Leveraging the global financial messaging standard for rich, structured data exchange ensuring consistency and interoperability across all financial institutions.
Native support for all distributed ledger technologies, from traditional banking rails to cutting-edge blockchain networks.
The comprehensive specification that defines how to break down silos between different financial networks to create a unified, global data exchange ecosystem.
Powering the future of financial data exchange with cutting-edge technology designed for global scale and reliability across all payment systems.
Built and maintained by BankSocial, OpenFX is supported by an extensive network of financial institutions committed to revolutionizing global financial exchange.
Our growing ecosystem of financial institutions spans across continents, creating an unprecedented level of connectivity and trust in the global financial system. Together, we're building the infrastructure for tomorrow's financial exchange.
Join the OpenFX network and be part of the future of global financial infrastructure.
For more questions or access to the specifications for OpenFX, please contact us.