The GLML Foundation has launched as a not-for-profit body to promote and continue the development of General-purpose Legal Markup Language (GLML) as an open data standard for capital markets.
The GLML Foundation continues the work of the previous GLML Consortium that was first founded in 2019 with the aim of working with market participants and other industry bodies on driving forward open standards that minimise fragmentation and prevent lock-in to any one technology product and / or vendor.