14. A method for receiving data packets including data formatted in an binary extensible markup language (XML) at a first system from a second system, comprising: providing a parser configured to convert to an extensible markup language (XML) representation that is compatible with standard XML from an extensible binary representation that is configured to reduce a number of bits required to represent common data as compared to the XML representation; wherein the XML representation is defined according to a document type definition (DTD) and includes element start tags, element end tags and data values; receiving data packets for a single data stream binary representation of an XML representation with a first interface associated with a first system through a data channel from a second interface associated with a second system; wherein the single data stream binary representation of the XML representation includes binary data representations for element start tags and data values and does not include binary data representations for element end tags; wherein the binary data representations are each formed using X-bit bytes; and wherein consistent extensible encoding is provided for each binary data representation by using a most-significant-bit of each X-bit byte as a termination indicator bit where a first logic level indicates the byte is a termination byte and a second logic level indicates that more bytes are included in a multi-byte data word; and parsing the single data stream binary representation to generate the XML representation; wherein the element start tags are represented using positive integer binary data representations; and wherein the data values are represented using binary data representations selected from a group comprising a string, an integer, a floating point number, an enumerated value, a pattern, and a packed component.
14. A method for receiving data packets including data formatted in an binary extensible markup language (XML) at a first system from a second system, comprising: providing a parser configured to convert to an extensible markup language (XML) representation that is compatible with standard XML from an extensible binary representation that is configured to reduce a number of bits required to represent common data as compared to the XML representation; wherein the XML representation is defined according to a document type definition (DTD) and includes element start tags, element end tags and data values; receiving data packets for a single data stream binary representation of an XML representation with a first interface associated with a first system through a data channel from a second interface associated with a second system; wherein the single data stream binary representation of the XML representation includes binary data representations for element start tags and data values and does not include binary data representations for element end tags; wherein the binary data representations are each formed using X-bit bytes; and wherein consistent extensible encoding is provided for each binary data representation by using a most-significant-bit of each X-bit byte as a termination indicator bit where a first logic level indicates the byte is a termination byte and a second logic level indicates that more bytes are included in a multi-byte data word; and parsing the single data stream binary representation to generate the XML representation; wherein the element start tags are represented using positive integer binary data representations; and wherein the data values are represented using binary data representations selected from a group comprising a string, an integer, a floating point number, an enumerated value, a pattern, and a packed component. 17. The method of claim 14 , wherein the data values are represented using binary data representations selected from a group consisting of a string, an integer, a floating point number, an enumerated value, a pattern, and a packed component.