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FISD Releases Best Practice Papers
The FISD last week released two best practice recommendations to standardize policies and procedures across the market data industry (IMD, Nov 15, 2004). The first, Market Data Service Levels, Response Times and Communication Procedures, sets out guidelines for vendors on handling scheduled interruptions and change management, unplanned interruptions to service, notification periods, and system considerations and data recovery. The second, Business Issues Policy
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