RIXML 2.1 Debuts Amid Slow Take-Up


The RIXML.org consortium released version 2.1 of RIXML last week, although adoption of the standard remains sluggish.

“Adoption has been slow and spread out,” admits Andrew Ling of UBS Warburg, who is co-chair of the RIXML.org sell-side steering committee. He notes that the past year was not economically conducive to adopting RIXML. Firms have been busy dealing with cost containment, regulatory issues and the Global Research Analyst Settlement, he says, rather than projects to streamli

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