Bringing the future to the fund industry
OpenTerms (formerly DMFSA) is an open XML standard for describing terms of commercial agreements between sell side and buy side in the fund industry.
OpenTerms syntax allows for structured dialogue for complete and correct agreement capture resulting in direct agreement data storage, data exchange, and automated output. The standard benefits sales, legal, distribution, operations, finance, and counterparty.
OpenTerms is licensed under a Creative Commons Attribution 3.0 License and you may use, copy, distribute, transmit and adapt it (including for your own commercial purposes) free of charge under the terms of that license.
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