The Story on Standards
for STP Automation
Tech-Ops Conference
Michael Atkin, SIIA/FISD
July 30, 2003
•Me and FISD
•Just to put some additional context around my remarks – I am also the founder and manager of the Reference Data Coalition (REDAC) an international coordinating body working to define the data elements and standards necessary to make global trade processing more efficient.
•FISD is also the originator and owner of the market data definition language specification (or MDDL) –
•And last month, FISD became a direct liaison organization to ISO TC68/SC4 as well as a participant on the new Working Group 11
•My goal with this presentation is to give you my assessment of the status of standards activities – where we are, where we are going, the drivers behind the industry-wide movement toward standardization, how I think the process works and some of the obstacles to standardization – of which there are a lot.