ACI participates in the International Standards Organization (ISO) in a variety of ways having access either thru IFX or the X9 organization. ACI’s involvement in ISO involves ISO Technical Committee 68 (TC68) and the developing/updating of standards that ACI either supports or will support in the future. ISO/TC68 is the ISO standards development committee designated to develop standards and technical reports for the financial services industry. The financial services industry includes depository institutions, which traditionally are recognized as banks, non-depository institutions or finance companies, consumer and commercial lenders that raise funds in the capital markets, the buy and sell side of the securities markets, private equity firms, mutual fund complexes, central banks, electronic clearing networks and other financial intermediaries, and mortgage and insurance companies. Originally formed in 1948, ISO/TC68's work continues to grow in importance as new technologies, financial products, cross-border processes evolve.