The Financial Information Services Division of the Software and Information Industry Association (FISD) has released a new MDDL 3.0 Open Source licence for the financial information industry. MDDL, or Market Data Definition Language, is an open industry standard XML dialect for securities market data. The announcement of the new licence aims to remove possible ambiguity regarding intellectual property issues associated with using MDDL. “This confirms that MDDL is an open standard and, since it is a ‘non-GPL’ licence, it is not subject to ‘downstream’ licensing concerns,” according to Bill Nichols, programme director for securities processing automation at FISD.
A-Team Insight Blogs
FISD Releases MDDL Open Source Licence
Data standards and global identifiers are the international language of capital markets – but how widely have they been adopted, how useful are they in practice, and can they stand the test of sustaining stable markets? This webinar will review data standards and global identifiers available in capital markets, discuss their adoption, and consider best...
The Association of National Numbering Agencies (ANNA) will implement the revised ISO 6166 International Securities Identification Number (ISIN) standard on 2 February 2023. The revised standard was published in February 2021 and is designed to bring additional clarity and transparency to the identification and reporting of trades through the use of international standards. Highlights of...
The highly successful Data Management Summit USA Virtual was held in September 2020 and explored how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.
The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...