Building the Case for Billing Improvements

ON BALANCE

The age-old billing and reporting issue raised its ugly head again with this month’s FISD meeting (IMD, Sept. 8). Among the industry group’s recommendations was the adoption of an expanded VRXML as a global standard for reporting and billing by exchanges and data vendors.

The FISD has high hopes for the protocol because it is designed for reporting data usage, it incorporates XML and it has the backing of the New York Stock Exchange (NYSE), which ensures the participation of at least one major

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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