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The formation of the French Data Vendor Association (FDVA) (see story, page 12) begs the question: what exactly do these industry groups do, and to what end?

One of the most high-profile groups is the Financial Information Services Division (FISD) of the Software & Information Industry Association. The FISD is based in the US but consists of vendors, user firms, exchanges and consultants from around the world. Its mission (according to its Web site): to provide a neutral forum for the discuss