Research and data efforts make progress

New York –- Industry experts discussed the status of standards in research and reference data at two Securities Industry Association conference panels in mid-June.

Despite challenges, they say both efforts are progressing, as a push for transparency in the financial markets is driving the industry to implement standards in the most timely and efficient way possible.

Adoption of research distribution standard RIXML is slowly increasing as it draws support from around the world, panellists said. The UK Financial Services Authority has been working with European research contributors to further implement RIXML by year end.

Richard Bell, sales director of South