xsd, data binding. Modern approach?

Hi,

What is the most actual approach to python XML data-binding?
The answers given by google seam to be rather outdated. Can't believe
nothing's changed since 2003.

To be concrete, i've faced the following task:
I HAVE:
- XSD schema (a huge collection of *.xsd files)
TODO:
- create python classes corresponding to the given schema
- create, serialize/deserialize (to/from XML) python objects of these
classes (according to the given schema)

Thanks! :)
.

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