Open DACS, MiFID Discussed At FISD Meeting

ADMINISTRATION & MANAGEMENT

Reuters has denied that its new Open DACS permissioning system could be used as spyware by the vendor.

Mark Frankish, who works in entitlements and manageability at Reuters, told attendees at the FISD's general membership meeting in London last week that Open DACS does not give insight on how data is consumed outside of the data already on the DACS system. He compares them to speedometers, "which tell you how fast you are going, but they don't inform anyone else outside the car-the police, for ex