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FISD Seeks Feedback for MDDL with New Working Group

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The Financial Information Services Division (FISD) is seeking feedback on the data model behind the Market Data Definition Language (MDDL) as it is “moving into implementations by many of our members,” says the FISD. It has set up a Securities Model Working Group under its Securities Processing Automation efforts to address MDDL and related data modelling standards within the industry. FISD is continuing to support the Financial Information Model – ISO 19312 Securities Model – through its involvement in Working Group 11, which it hopes will evolve to encompass the range of content covered by MDDL and become the standard for the industry.

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