The Financial Information Services Division (FISD) has appointed Marc Alvarez as chairman of the Securities Model Working Group. Alvarez is executive vice president of products and marketing at data management firm Tap Solutions. As chairman, he will provide strategic direction for the group as it evaluates the administrative, technological, and taxonomy issues relating to market and reference data models and tagging conventions. This is primarily channelled into the ongoing development of the Market Data Definition Language (MDDL).
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