About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

DocGenix Implements MarkLogic Server for XML Content Delivery

Subscribe to our newsletter

DocGenix, a supplier of legal risk management, has implemented MarkLogic Server as the delivery mechanism for XML content generated by its inSight service. Mark Logic Corporation is a provider of software for information centric applications.

The DocGenix inSight service utilises proprietary legal data sequencing technology to translate and represent as XML the complex legal, credit, and operational terms contained in the legal agreements that govern relationships between participants in global OTC derivatives markets. This documentation is based on the legal contract suite published by the International Swaps and Derivatives Association, Inc. (ISDA). DocGenix delivers the XML generated via its legal data sequencing technology to its customers via Synopsys, a MarkLogic-based application. DocGenix customers now have an enhanced level of operational, documentation, and risk management capabilities demanded by today’s challenging business and regulatory environment.

“Given that XML is at the heart of our business, we required as our delivery mechanism a flexible and highly scalable XML server with a standout reputation. MarkLogic Server quickly became the obvious choice,” says Michael Will, founder and CTO of DocGenix. “Each contract converted by our inSight service contains thousands of data points that are central to a broad range of mission critical operations, including credit analysis, regulatory stress tests, netting, and collateral management. MarkLogic uniquely provides the capacity and performance we need to deliver this data to our customers at the superior levels of quality they have come to expect.”

The explosive growth of the OTC derivatives markets has been fuelled in part by the existence of ISDA’s suite of legal contracts. As these contracts have proliferated, DocGenix and its customer base have found that traditional methods of documentation risk management have made it difficult for OTC participants to rapidly analyse legal documentation portfolios that can number in the tens of thousands. As a result, institutions are prevented from reacting swiftly to market events. Failure to identify trends and respond efficiently to events like ratings downgrades, precipitous declines in asset value or performance, defaults, and collateral calls, can cost derivatives stakeholders many millions in losses. Synopsys addresses these challenges by delivering a powerful, user-friendly application that provides financial institutions deeper visibility and a more holistic view across their ISDA Agreement portfolios. By implementing a solution that harnesses the power of XML and MarkLogic Server, DocGenix provides financial institutions with the agility they need to effectively analyse and respond to the threats and opportunities offered by today’s OTC derivatives markets.

Ixxus, a valued Mark Logic partner and specialist in information management solutions, was instrumental in providing the Mark Logic system to support the DocGenix inSight project. Steve Odart, managing director for Ixxus, says: “DocGenix has been visionary in its adoption of XML technologies to facilitate solutions that are groundbreaking in their innovation and utility for customers.”

“One of the key challenges facing organisations in the derivatives industry is how to effectively manage the wealth of critical information on which these markets are built,” says Tracy Eiler, vice president of marketing, Mark Logic Corporation. “DocGenix Synopsys is impressive in its ability to help financial institutions access the right information in a matter of seconds, which improves their ability to be nimble in a fast moving market. MarkLogic Server continues to be validated by our customers as the ideal platform for companies that require speed to maintain a competitive advantage.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to leverage Generative AI and Large Language Models for regulatory compliance

Generative AI (GenAI) and Large Language Models (LLMs) offer huge potential for change across capital markets, not least in regulatory compliance where they have the capability to help firms understand and interpret regulations, automate compliance, monitor transactions in real time, and flag anomalies in the same timeframe. They also present challenges including explainability, responsibility, model...

BLOG

A-Team Group Data Management Awards USA Winners Announced at DMS NYC 2025

A-Team Group has announced the winners of its 4th annual Data Management Insight Awards USA 2025, and we extend our congratulations to the individuals and companies recognised with awards this year. The event shines a light on the top providers of data management solutions, services, and consultancy for the capital markets across the United States....

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

FRTB Special Report

FRTB is one of the most sweeping and transformative pieces of regulation to hit the financial markets in the last two decades. With the deadline confirmed as January 2022, this Special Report provides a detailed insight into exactly what the data requirements are for FRTB in its latest (and final) incarnation, and explores what needs to be done in order to meet these needs on a cost-effective and company-wide basis.