2001: Standards Converged, Aided Compatibility
TTW REVIEW STANDARDS
NEW YORK--Standards and protocols for passing financial information between and within firms got their share of the spotlight this year. The industry paid increasingly urgent attention to standards as the deadline for T+1 loomed.
The word "interoperability" increasingly crossed the lips of industry players as formal work got underway in ISO Working Group 10 to make the word a reality. The ISO group was charged with evolving the current ISO 15022 standard into an XML-based language that
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