FISD Focuses on Standardization

OPERATIONS

The Financial Information Services Division of the Software & Information Industry Association emphasized the need for industry support for standards that will improve the fundamentally flawed billing and reporting system. The call was made at its first Asian meeting in Hong Kong last week.

FISD chairman Mike Atkin pointed out a number of shortfalls in the market data industry, particularly with respect to the accuracy, efficiency and protection of intellectual property rights; the need for