FISD Wants Data Contracts To Be Crisp

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The Financial Information Services Division (FISD) has unveiled an initiative to improve the clarity and usability of contracts between end-user firms and vendors and exchanges, by standardizing the language and format used.

The initiative, called the ‘Contracts which are Readable, Intuitive, Standardized and Precise' (Crisp) project, has been established by members of the FISD's Consumer Constituency Group of representatives from end-user firms, and is being project-managed by Tristan Dehaan, T