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
Date: 13 May 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Environmental, Social and Governance (ESG) investing is moving into the mainstream, requiring asset managers to develop ESG strategies that deliver for both the firm and its investors. While these strategies can outperform those that do not include ESG factors,...
Client onboarding and lifecycle management are an ongoing problem at many financial institutions, with inefficiencies often caused by layers of technologies and processes added to capture required data and avoid fines when new rules and regulations are introduced. A solution to the problem, which could save the global banking industry billions of dollars a year...
Now in its 5th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
Want to get a handle on Solvency II and what it means for data management? Need to make sure you have all the bases covered for the looming January 2016 deadline? Our Solvency II Data Management Handbook is now available for free download to help you. This Handbook is the ultimate guide to all things...