DZone
Integration Zone
Thanks for visiting DZone today,
Edit Profile
  • Manage Email Subscriptions
  • How to Post to DZone
  • Article Submission Guidelines
Sign Out View Profile
  • Post an Article
  • Manage My Drafts
Over 2 million developers have joined DZone.
Log In / Join
  • Refcardz
  • Trend Reports
  • Webinars
  • Zones
  • |
    • Agile
    • AI
    • Big Data
    • Cloud
    • Database
    • DevOps
    • Integration
    • IoT
    • Java
    • Microservices
    • Open Source
    • Performance
    • Security
    • Web Dev
DZone > Integration Zone > The Statistical Data and Metadata eXchange (SDMX) Format

The Statistical Data and Metadata eXchange (SDMX) Format

Let's take a quick look at the Statistical Data and Metadata eXchange (SDMX) format and explore how it impacts the financial data sector.

Kin Lane user avatar by
Kin Lane
·
Oct. 03, 18 · Integration Zone · Opinion
Like (2)
Save
Tweet
6.48K Views

Join the DZone community and get the full member experience.

Join For Free

As we work our way through different industries, profiling the APIs, we keep an eye out for some of the common data standards that exist across the landscape. As we were profiling more APIs for the market data section of the API Gallery™, we came across the Statistical Data and Metadata eXchange (SDMX) format and are showcasing it here as part of our work to highlight the valuable ways in which providers are making data available.

Here is a little background on SDMX and how it impacts the financial data sector:

SDMX, which stands for Statistical Data and Metadata eXchange is an international initiative that aims at standardizing and modernizing (industrializing) the mechanisms and processes for the exchange of statistical data and metadata among international organizations and their member countries.

SDMX is sponsored by seven international organizations including the Bank for International Settlements (BIS), the European Central Bank (ECB), Eurostat (Statistical Office of the European Union), the International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD), the United Nations Statistical Division (UNSD), and the World Bank.

These organizations are the main players at the world and regional levels in the collection of official statistics in a large variety of domains (agriculture statistics, economic and financial statistics, social statistics, environment statistics, etc.).

We will be documenting any other APIs we come across that use the SDMX format. This will help further standardize the data sources we are making available and provide us with another data point that we can expose as part of the API Gallery search. This adds to the ways in which we can publish and make data available and standardize the format in which data is available in.

Having SDMX in our toolbox provides us with another way to search for relevant data sources, allowing us to validate data that we discover and prioritize it as part of our profiling and benchmarking process. If there are any other data formats that you'd like to see profiled as part of the gallery or if there is a specific format that you apply to your data and rely on from another 3rd party data provider, we'd like to add it to our list — just let us know.

Data (computing) Metadata

Published at DZone with permission of Kin Lane, DZone MVB. See the original article here.

Opinions expressed by DZone contributors are their own.

Popular on DZone

  • How Data and Analysis Can Power Agile Teams
  • The Most Popular Technologies for Java Microservices Right Now
  • ERP Integration Guide | Common Scenarios, Challenges, and Methods
  • GraphQL: A Deep Dive Into Benefits, Use Cases, and Strategies

Comments

Integration Partner Resources

X

ABOUT US

  • About DZone
  • Send feedback
  • Careers
  • Sitemap

ADVERTISE

  • Advertise with DZone

CONTRIBUTE ON DZONE

  • Article Submission Guidelines
  • MVB Program
  • Become a Contributor
  • Visit the Writers' Zone

LEGAL

  • Terms of Service
  • Privacy Policy

CONTACT US

  • 600 Park Offices Drive
  • Suite 300
  • Durham, NC 27709
  • support@dzone.com
  • +1 (919) 678-0300

Let's be friends:

DZone.com is powered by 

AnswerHub logo