Risk Markup Language Announcement
Risk Markup Language (RiskML) Announcement and Invitation
Date: Tue, 30 Sep 2003 19:47:08 -0400 From: "David Connelly (OAGI)" <email@example.com> Reply-To: firstname.lastname@example.org To: email@example.com Subject: Risk Markup Language (RiskML) Announcement and Invitation
I am pleased to announce the formation of a new OAGIS Workgroup. RiskML is an XML vocabulary for the definition of Risk and Control Libraries.
With the advent of recent legislation there is an increased likelihood of ERP customers and Audit Firms exchanging a great deal of risk and control information. The separation of the External Audit from the Risk Assurance activity means that Audit firms will be exchanging risk and control information. Mapping different formats from different audit firms and different ERP solutions is inefficient, expensive and adds no value to the parties involved.
This is a real market need for a standardized vocabulary to describe a risk and control library facilitating risk library information exchange and a standardized mechanism for publication and we are pleased to announce and invite you to join the RiskML Workgroup. This effort will be operating as an OAGIS Workgroup and thus will be taking advantage of the largest and richest XML vocabulary in the world.
I invite you to find out more by going to our website at www.openapplications.org. There you will find a link to the Workgroup page where you can you can join the mailing list, contact the WG leader, and join the group. If you have any questions, please don't hesitate to ask.
David M. Connelly
CEO, Open Applications Group
voice: +1 770 943 8364
Prepared by Robin Cover for The XML Cover Pages archive. See other details in the news story "OAGIS RiskML Work Group Defines XML Vocabulary for Risk and Control Libraries." General references in "Open Applications Group."