Convert OFX to Avro
Convert your Open Financial Exchange data to Apache Avro quickly
Open Financial Exchange
OFX (Open Financial Exchange) is the open specification banks, brokerages, and payment providers use to publish
statements and transaction histories. A single .ofx download holds the sign-on response, account details,
and every statement transaction in one nested document, written either as SGML tag pairs or as XML.
Apache Avro
Apache Avro is a row-based data serialization format designed to support efficient data encoding and compression. Avro stores data in a compact binary format, which makes it efficient for both storage and transmission. Every Avro file includes a schema that describes the structure of the data stored within it. Avro supports a range of complex data types, including nested records, arrays, and maps. Avro also supports schema evolution, allowing the schema of a dataset to change over time (adding new fields, for example) while maintaining backward compatibility with the older version of the schema.