XBRL Marks the Spot
In the reference data industry, it is all about speaking the same language. Market participants typically agree that unique and precise identification of instruments, business entities, data attributes and classification schemes is the foundation of effective data management. Extensible Business Reporting Language (XBRL), the XML-based standard for electronic business reporting, is now becoming a key part of this debate. The technology was at the heart of discussions at the Swift-organized
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